Vertex Pharmaceuticals Acquires ViaCyte for $320M
July 11, 2022
Vertex Pharmaceuticals agreed to acquire clinical-stage cell therapy company ViaCyte for $320 million in cash. The deal gives Vertex additional stem cell lines, IP and GMP manufacturing capabilities intended to accelerate its VX-880 and other cell replacement therapy programs for type 1 diabetes.
- Buyers
- Vertex Pharmaceuticals
- Targets
- ViaCyte
- Industry
- Biotechnology
- Location
- California, United States
- Transaction Type
- Buyout
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