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Vertex Pharma (VRTX) to Acquire ViaCyte for $320 Million

Thread starter cafead
Start date Jul 11, 2022

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cafead

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cafead Jul 11, 2022 at 11:02: AM

via Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that the company has entered into a definitive agreement under which Vertex will acquire ViaCyte, a privately held biotechnology company focused on delivering novel stem cell-derived cell replacement therapies as a functional cure for type 1 diabetes (T1D), for $320 million in cash.

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