Vertex bets $10B on Crinetics to reshape endocrinology portfolio

1 min read
Source: Endpoints News
Vertex bets $10B on Crinetics to reshape endocrinology portfolio
Photo: Endpoints News
TL;DR

Vertex Pharmaceuticals agreed to acquire Crinetics Pharmaceuticals for $10 billion, marking the largest deal in Vertex’s history and expanding its commercial endocrinology portfolio with Crinetics’ programs in obesity, diabetes and related endocrine diseases.

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