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Vertex expands cystic fibrosis pact

by Lisa M. Jarvis
October 24, 2016 | A version of this story appeared in Volume 94, Issue 42

Vertex Pharmaceuticals and the drug discovery arm of the Cystic Fibrosis Foundation have expanded their research alliance. Vertex will get another $75 million up front and up to $6 million annually under the new pact. The partners have collaborated since 1998, with CFF contributing upward of $100 million to the company’s R&D prior to the approval of Kalydeco, the first disease-modifying cystic fibrosis treatment. In 2014, CFF sold its royalty rights to all of Vertex’s approved cystic fibrosis drugs for $3.3 billion.

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