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Vertex Sits On $1.4bn Cash, Seeks External Innovation Away From CF

 
• By Lucie Ellis-Taitt

Vertex – a company currently leading the lucrative cystic fibrosis market and set to retain command of this arena into the foreseeable future – is preparing to replicate its CF success in another therapy area.

Dollar sign
Vertex has the cash to pursue new opportunies outside of cystic fibrosis • Source: Shutterstock

Despite a busy cystic fibrosis portfolio, made up of two marketed therapies and investigational compounds spanning from preclinical research to Phase III trials, Vertex Pharmaceuticals Inc is future-proofing itself by seeking a new disease area to dominate. But the company will still be looking to grow its rare and specialist disease expertise.

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