← CA Feed

Endocrinology becomes Vertex’s fifth pillar with $10B Crinetics buy

Endocrinology becomes Vertex’s fifth pillar with $10B Crinetics buy

Source Summary

Representing the fourth largest biopharma M&A announced in 2026, Vertex Pharmaceuticals Inc. offered $85 per share in cash, or about $10 billion, to buy endocrine specialist Crinetics Pharmaceuticals Inc., adding the acromegaly drug Palsonify and a phase III asset, atumelnant, for congenital adrenocorticotropic hyperplasia (CAH).

Advertisement
Read Original Article