Vertex Pharmaceuticals Acquires Crinetics for $10 Billion to Expand Rare-Disease Portfolio

Vertex Pharmaceuticals has agreed to acquire Crinetics Pharmaceuticals in a deal valued at approximately $10 billion. The acquisition aims to expand Vertex's rare-disease business, with access to approved and experimental therapies such as Palsonify and Atumelnant. The transaction is expected to close by the third quarter of 2026.

By Reuters Mon, July 6, 2026 at 11:21 PM GMT+3 1 min read · Yahoo Finance ·

Vertex Pharmaceuticals Acquires Crinetics for $10 Billion to Expand Rare-Disease Portfolio

Tickers: $CRNX $VRTX

Topics: M&A pharmaceuticals rare-disease-treatment

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