Pharma Deals Review, Vol 2005, No 58 (2005)

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Vertex Opts for Avalon to Progress VX-944

Business Review Editor

Abstract


Vertex has partnered its oncology agent VX-944 in a deal worth up to US$73 M. While Vertex's choice of the relatively small company Avalon as its most recent licensing partner is suprising in some respects, Avalon's technology and cancer focus are a good match for VX-944, and Vertex clearly believes it has a committed partner to progress the compound quickly to proof-of-concept.

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