Vertex hops on to TreeFrog platform to aid diabetes bid
Cash-laden Vertex Pharmaceuticals (Nasdaq: VRTX) has followed up this month’s news of its $4.9 billion buy of US biotech company Alpine Immune Sciences with an announcement of an in-licensing deal.
The Boston-based biopharma firm has obtained an exclusive license to French biotech TreeFrog Therapeutics' proprietary cell manufacturing technology, C-Stem, to optimize production of Vertex's cell therapies for type 1 diabetes (T1D).
"We look forward to combining TreeFrog's extensive experience in cell therapy production and biology with Vertex's renowned expertise in T1D and cell therapy"The companies will collaborate to scale-up TreeFrog's process to produce and amplify cells for Vertex's T1D therapies.
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