Vertex Pharmaceuticals Inc. is building out its early pipeline beyond cystic fibrosis with the $950m acquisition of Semma Therapeutics Inc., a privately-held cell therapy company working in type 1 diabetes. Semma is pioneering a novel and potentially curative approach to treating type 1 diabetes based on the development of insulin-producing beta cells grown from stem cells that can restore insulin secretion.
Vertex Buys Semma, Gaining Cell Therapy-Based Type 1 Diabetes Treatments
Semma's innovative technology involves growing insulin-producing beta cells from stem cells and transplanting them into the liver, but it hasn't been tested in humans yet.
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