Bayer AG has reinforced its position as a leader in the radiopharmaceuticals field by inking a deal with the UK's Bicycle Therapeutics, plc that could be worth up to $1.7bn.
Bayer Saddles Up For Bicycle Radioconjugate Pact
Second Big Pharma Partner In Two Months For UK Biotech
The German major is paying $45m upfront to get access to Bicycle’s synthetic peptides for the discovery and development of multiple targeted radioconjugates in oncology.

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