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>> VERTEX PHARMACEUTICALS Latest News

NOV 19, 2014 - Washington Times

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Foundation sells $3.3B in Vertex drug royalties

BETHESDA, Md. (AP) - The Cystic Fibrosis Foundation says it has sold royalty rights worth $3.3 billion for innovative drugs it helped develop with Vertex Pharmaceuticals Incorporated. The drug rights were acquired by Royalty Pharma, which owns royalty rights to 40 pharmaceutical medicines. The foundation plans to ...

Tags: Foundation sells $3.3B in Vertex drug royalties,  Vertex Pharmaceuticals Latest News

NOV 19, 2014 - Reuters

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Royalty Pharma buys royalties on Vertex Pharma drugs for $3.3 billion

(Reuters) - Pharmaceutical investment firm Royalty Pharma said it would buy royalties on Vertex Pharmaceuticals Inc's cystic fibrosis treatments from Cystic Fibrosis Foundation for $3.3 billion in cash.

Tags: Royalty Pharma buys royalties on Vertex Pharma drugs for $3.3 billion,  Vertex Pharmaceuticals Latest News