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Wednesday, 08 July 2026
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Company lands its biggest buy ever

Posted 8 July 2026 AM

Vertex has signed the biggest deal in its history, agreeing to pay US$10 billion (A$14.4 billion) to acquire biotech Crinetics Pharmaceuticals and its portfolio of endocrinology assets.

Those assets have the potential to deliver more than US$5 billion in peak annual revenue, Vertex said, and will start boosting operating profits from 2029.

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