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Genomics plc Expands Drug Discovery Collaboration with Vertex

by Syed Hamza Sohail 07/16/2024 Leave a Comment

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What You Should Know:

–Genomics plc (Genomics), a healthcare company transforming health through the power of genomics today announced a three-year extension of the company’s collaboration with Vertex Pharmaceuticals Incorporated (Vertex) (Nasdaq: VRTX) to use human genetics and machine learning to improve the discovery and development of new precision medicines.

-The partnership, which began in 2018, was previously extended in 2021. The collaboration will now run until 2026.

Vertex and Genomics Expand Partnership to Advance Drug Development

Vertex and Genomics have been collaborating to develop transformative medicines for serious diseases. Genomics has leveraged its expertise in human genetics to identify disease pathways and novel targets.

With the partnership extension, Genomics will broaden its genomic insights and increase the number of therapeutic areas under study. Additionally, they will utilize Genomics’ proprietary genetic tools to better identify patient populations and mitigate risks in selecting biomarkers for early drug efficacy measurements.

Mark Bunnage, Senior Vice President and Head of Global Research, Vertex: “Vertex’s leading-edge discovery teams and R&D capabilities, and Genomics’ world class scientists, are at the forefront of using insights into human genetics to identify the most promising targets and advance them into medicines for patients. This collaboration has been valuable and productive, and we’re excited to continue and expand our transformative work right across the drug development pathway.”

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Tagged With: Drug Discovery

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