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Dive Brief: - Bicycle Therapeutics said Tuesday that it will lay off 30% of its workers and “deprioritize” an experimental antibody-drug conjugate that has been seen as a possible threat to Pfizer’s bladder cancer drug Padcev. - The decision was driven by discussions with the Food and Drug Administration and other regulators about the approval path for the therapy, known as zelenectide pevedotin. ...
Bicycle to lay off 30% of staff, pivot away from Padcev challenger | Huntaegis