Vertex Completes $10B Crinetics Acquisition and Expands Executive Team
Vertex Pharmaceuticals completed its approximately $10 billion acquisition of Crinetics Pharmaceuticals, adding a commercial endocrine therapy and late-stage clinical programs. The company is restructuring its executive leadership to oversee integration across product launches, clinical development, regulatory operations and the Crinetics workforce. Charles Wagner expands COO duties to lead integration, and Jasper van Grunsven joins Sept. 8 to lead the pain franchise and global new product planning.