Bayer Animal Health and NeuroCycle Therapeutics Inc. have signed a global license agreement to advance allergy treatment options for companion animals. As part of the license agreement, Bayer will develop and commercialize novel compounds based on NeuroCycle’s intellectual property. “[This] agreement underlines our strategy to combine the know-how from creative startup companies like NeuroCycle with opportunities derived from Bayer’s research,” said Douglas Hutchens, DVM, PhD, Bayer Animal Health’s head of drug discovery, external innovation and chief veterinary officer. “It is a major milestone on our way to complementing our portfolio with novel treatment options against allergic diseases for the companion animal sector.” The companies’ goal is to maximize the humanitarian impact of their innovative technologies, according to Jed Hubbs, PhD, MS, CEO of NeuroCycle Therapeutics.
