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Foundation sells $3.3B in Vertex drug royalties

2014-11-19 22:25:57| Biotech - Topix.net

The foundation plans to use the proceeds to expand research into therapies for cystic fibrosis, a deadly inherited illness that causes sticky mucus buildup in the lungs and other organs. The foundation first approached executives at Vertex's predecessor company in 1998 about drug development possibilities.

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Category:Biotechnology and Pharmaceuticals

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