Source: PharmiWeb

Semma Therapeutics: Vertex to Acquire Semma Therapeutics With a Goal of Developing Curative Cell-Based Treatments for Type 1 Diabetes

-Semma's unique investigational approach combines robust production process of pancreatic islet cells with proprietary delivery system to restore insulin secretion in type 1 diabetes patients- -Semma to be acquired for $950 million in cash- BOSTON & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sep. 3, 2019-- Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) today announced that the company has entered into a definitive agreement under which Vertex will acquire Semma T...

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Bastiano Sanna's photo - President & CEO of Semma Therapeutics

President & CEO

Bastiano Sanna

CEO Approval Rating

88/100

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