Deals
Biocompatibles May Be Talking With Bayer, Analysts Say
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Biocompatibles International Plc, a U.K. developer of cancer treatments, may be a target for Bayer AG as the German company looks to expand in cancer, analysts from Finncap and Edison Investment Research Ltd. said.
Biocompatibles makes gel beads loaded with cancer drugs that deliver medicine in a more controlled manner to tumors. The Farnham, England-based company also produces devices to deliver drugs to treat prostate tumors. Biocompatibles has a partnership with Bayer to develop a treatment for liver cancer, a combination of the drug-eluting beads and Bayer’s Nexavar.