
Vertex to acquire Crinetics for $10B, expanding its rare-disease portfolio
Vertex Pharmaceuticals will spend $10 billion to acquire Crinetics Pharmaceuticals, picking up Crinetics’ approved drug Palsonify for acromegaly and additional late-stage candidates, including a therapy for congenital adrenal hyperplasia; Crinetics stock surged after hours, and the deal stands as Vertex’s largest acquisition amid a biotech M&A boom.




