Vertex Amend its Collaboration with CRISPR Therapeutics for Development and Commercialization of CTX001 in SCD and Beta Thalassemia
Shots:
- CRISPR to receive $900M up front with an additional $200M milestone upon the regulatory approval of CTX001. Vertex will responsible for the global development- manufacturing- and commercialization of CTX001
- Vertex will be responsible for 60% of program costs and will receive 60% of profits from future sales of CTX001 globally- representing a 10% increase in program economics compared to the previous agreement
- CRISPR continues to support the development of CTX001 and will be responsible for 40% of costs and will receive the same proportion of profits
Ref: Vertex | Image: Vertex
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