On Air Now

Listen

Listen Live Now » 101.1 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
66° Feels Like: 66°
Wind: NNW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Thunderstorms Early 55°

Tomorrow

Mostly Sunny 75°

Wed Night

Isolated Thunderstorms 56°

ThromboGenics acquires rights to eye treatment technology

BRUSSELS (Reuters) - Belgian biopharmaceutical company ThromboGenics said on Thursday it had entered into an agreement with British peer Bicycle Therapeutics to develop and launch new drugs to treat opthalmic diseases.

ThromboGenics said it would seek to use Bicycle's peptides, tiny particles which could be used to treat diabetic macular edema, a leading cause of vision loss in adults, particularly those with diabetes.

ThromboGenics, which specializes in eye treatment, will pay Bicycle an undisclosed upfront fee and payments related to development and regulatory milestones.

(Reporting By Philip Blenkinsop)

Comments