The US regulator has said a submission from Bristol Myers Squibb for lisocabtagene maraleucel (liso-cel) will be delayed. For company updates and to learn more about Vertex's history of innovation, visit www.vrtx.com or follow us on Facebook, Twitter, LinkedIn, YouTube and Instagram. Vertex is consistently recognized as one of the industry's top places to work, including nine consecutive years on Science magazine's Top Employers list and top five on the 2019 Best Employers for Diversity list by Forbes. Unlike insulin injections and insulin pumps, islet cell transplantation can provide physiologic regulation of blood glucose thereby potentially ameliorating or preventing both the hyperglycemic and hypoglycemic episodes associated with the current standards of care,” said David Altshuler, M.D., Ph.D., Executive Vice President, Global Research and Chief Scientific Officer of Vertex. The Author. On Monday, at the virtual JP Morgan Healthcare Conference, Vertex Pharmaceuticals’ chief executive officer Reshma Kewalramani said the company is looking to buy “mid- and late-stage assets.”. The Company's strategy is to commercialize its products both independently and in collaboration with major pharmaceutical companies. This breakthrough technology has been exclusively licensed to Semma for the development of a cell-based therapy for diabetes. The pharmaceutical company reported $2.64 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.68. Talent Acquisition Manager at Vertex Pharmaceuticals London. On Thursday, after markets closed, the company announced $420 million in deals. Josh Hazael Customer Care Account Analyst Addlestone. The agreement includes an upfront payment of $575 million and a potential milestone payment of $75 million. efox@w2ogroup.com. Elliot Fox, W2O Group CTP-656 is an investigational cystic fibrosis transmembrane conductance regulator (CFTR) potentiator that has the potential to be used as part of future once-daily … Vertex Pharmaceuticals story: Acquisition by Mckenzie Diana of 121 shares of Vertex Pharmaceuticals subject to Rule 16b 3 and other headlines for Vertex Pharmaceuticals Love your job. 0 Comments. Both the pharma companies are based in Massachusetts. Hannah Pullen Senior Project Coordinator at mdgroup Bracknell. Initial preclinical work in animal models of diabetes has shown that transplantation of these cells by infusion into the liver is sufficient to control blood glucose levels. Article COVID-19 Pandemic deals blow to former Celgene shareholders. “CureDuchenne believed in the science and our team early on and enabled Exonics to show significant proof of principle for gene editing in Duchenne. The transaction was completed today after Vertex and Aurora shareholders voted to approve the merger agreement at special meetings held at Vertex… It’s largest disclosed sale occurred in 2013, when it sold INCIVO to Janssen Pharmaceuticals for $152M. Vertex Pharmaceuticals (NASDAQ:VRTX) last released its earnings results on Thursday, October 29th. Hannah Pullen. BOSTON & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) today announced that the company has entered into a definitive agreement under which Vertex will acquire Semma Therapeutics, a privately held biotechnology company pioneering the use of stem cell-derived human islets as a potentially curative treatment for type 1 diabetes, for $950 million in cash. To Olson, the acquisition of Exonics by Vertex is a sign that this preliminary data has a real chance of being translated into clinical use to improve the lives of people with DMD. While Vertex believes the forward-looking statements contained in this press release are accurate, these forward-looking statements represent Vertex's beliefs only as of the date of this press release and there are a number of factors that could cause actual events or results to differ materially from those indicated by such forward-looking statements. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Vertex Pharmaceuticals Incorporated recently announced the completion of its acquisition of Aurora Biosciences Corporation. BOSTON--(BUSINESS WIRE)-- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that it has signed a definitive asset purchase agreement to acquire CTP-656 from Concert Pharmaceuticals (Nasdaq: CNCE). Being a part of Vertex will allow the Semma team to rapidly and effectively advance our cell therapy and delivery approaches to patients who need them.”, “Semma was founded to dramatically improve the lives of patients with type 1 diabetes,” said Douglas Melton, Ph.D., Scientific Founder of Semma. Vertex Pharmaceuticals, Inc. is a global biotechnology company that aims to discover, develop and commercialize innovative new medicines so people with serious diseases can lead better lives. Vertex Pharmaceuticals, Inc. is an American biopharmaceutical company based in Boston, Massachusetts. Vertex Pharmaceuticals - Get Report will be weighing future acquisitions and partnerships to broaden is focus beyond cystic fibrosis. Join Mergr and gain access to Vertex Pharmaceuticals’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the life science sector. Pharmaceuticals ( NASDAQ: VRTX ) last released its earnings results on,. 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