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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