X-Chem forges another discovery deal, this time with Vertex
The cystic fibrosis specialist Vertex signed a drug discovery pact with Waltham, MA-based X-Chem.
In the deal, which comes with an unspecified set milestones and an upfront, X-Chem will put its library of “120 billion small molecules” to work in search of rare genetic disease drugs for Vertex, which is looking down the line to growing its pipeline beyond cystic fibrosis.
There’s an option to expand the pact at a later point. And gazing well into the future, X-Chem also has a shot at royalties on any approved products that come out of the pact.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.