sergey-nivens-shutterstock-com-1
Sergey Nivens / Shutterstock.com
26 October 2015Americas

Vertex and CRISPR Therapeutics announce research partnership

US-based Vertex Pharmaceuticals and CRISPR Therapeutics have agreed a research collaboration to discover and develop new treatments for genetic causes of human diseases.

In announcement today, October 26, Vertex said that the two companies would be entering into a “strategic research collaboration”.

The collaboration will use CRISPR’s gene editing technology CRISPR-Cas9.

The four year project will initially focus on mutations and genes which are known to contribute and cause cystic fibrosis and sickle cell disease.

Vertex will have exclusive rights to license up to six new CRISPR-Cas9 based treatments that develop from the collaboration. There is a potential for CRISPR to earn royalty payments on any future sales.

Vertex has also made an “up-front commitment” of $105 million to CRISPR to help fund the project.

David Altshuler, executive vice president at Vertex, said: “CRISPR-Cas9 is an important scientific breakthrough that holds significant promise for the future.”

Rodger Novak, chief executive officer of CRISPR Therapeutics, said: “Vertex has a track record of developing innovative medicines for cystic fibrosis, making them a great partner to accelerate the therapeutic promise of gene editing.”


More on this story

Americas
17 October 2018   The US Food and Drug Administration has allowed the first US-based human trial of CRISPR, the gene-editing technology, to proceed.
Americas
13 November 2018   Gene-editing company CRISPR Therapeutics has expanded its partnership with US-based MaxCyte, which focuses on cell-based medicines, into the immuno-oncology arena.
Biotechnology
14 December 2023   Biotech firm agrees licence deal days after its gene editing treatment gets landmark FDA approval | Patents owned by the Broad Institute protect technology sold via Editas Medicines.

More on this story

Americas
17 October 2018   The US Food and Drug Administration has allowed the first US-based human trial of CRISPR, the gene-editing technology, to proceed.
Americas
13 November 2018   Gene-editing company CRISPR Therapeutics has expanded its partnership with US-based MaxCyte, which focuses on cell-based medicines, into the immuno-oncology arena.
Biotechnology
14 December 2023   Biotech firm agrees licence deal days after its gene editing treatment gets landmark FDA approval | Patents owned by the Broad Institute protect technology sold via Editas Medicines.