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Vertex to Acquire ViaCyte for $320M

Provides assets, capabilities and technologies including additional human stem cell lines, stem cell differentiation IP, and GMP manufacturing facilities.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Vertex Pharmaceuticals Inc. has entered into a definitive agreement to acquire ViaCyte, Inc., a privately held biotechnology company focused on novel stem cell-derived cell replacement therapies as a functional cure for type 1 diabetes (T1D), for $320 million in cash.   Vertex’s VX-880, an investigational allogeneic stem cell-derived, fully differentiated, insulin-producing islet cell therapy for T1D, has achieved proof-of-concept with highly promising safety and efficacy results from an ongoi...

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