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Vertex Spots Potential Bargain Of $60m Entry Into Complement Regulation

Cash-Strapped Catalyst Bio Forced Into Quick Sale

 
• By Andrew McConaghie

Vertex has acquired the full assets to a promising protease-based drug platform from Catalyst, broadening its R&D base once again.

Vertex Mobile
Rights to the assets were handed back by Biogen in March, and have now been acquired in full by Vertex. • Source: Shutterstock

Vertex has acquired the rights of two preclinical candidates from struggling Catalyst Biosciences, giving it entry into the promising field of complement regulation for the low price of $60m.

The two protease-based candidates, CB 2782-PEG and CB 4332, were previously part of a licensing deal between Catalyst and Biogen, but the latter returned the rights when it began cutting...

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