Biotech Company ViaCyte to Be Acquired by Vertex Pharmaceuticals

San Diego – July 13, 2022 – Cooley advised ViaCyte, a biotechnology company focused on delivering novel stem cell-derived cell replacement therapies as a functional cure for Type 1 diabetes (T1D), on its definitive agreement to be acquired by global biotechnology company Vertex Pharmaceuticals for $320 million in cash. Partners Rowook Park and Carlos Ramirez, along with associate Lindsey O’Crump, led the Cooley team advising ViaCyte. 

ViaCyte is a private cellular therapy company with a clinical-stage stem cell platform that delivers therapeutic proteins to restore health in people. The company has significant clinical experience in patients with T1D, which includes a first-in-class gene-edited, immune-evasive investigational islet cell replacement therapy for diabetes that could potentially eliminate the need for exogenous insulin without requiring immunosuppression.

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Related Contacts
Rowook Park  Partner San Diego
Carlos Ramirez  Partner San Diego
Lindsey O'Crump  Associate Washington, DC
Jacqueline Grise  Partner Washington, DC
Rama Padmanabhan  Partner San Diego
Marty Schenker  Senior Counsel San Francisco
Todd Gluth  Partner San Diego
Blake Martell  Partner San Francisco
Kay Chandler  Partner San Diego
Charity Williams  Partner San Diego
Jeffrey Karr  Of Counsel Palo Alto
Ross Eberly  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Phil Mitchell  Partner New York
Natasha Leskovsek  Of Counsel Washington, DC
David Burns  Special Counsel Washington, DC
Dina Andrawess  Special Counsel Palo Alto
Stella Sarma  Special Counsel Brussels, London
Dannielle Antone  Associate San Francisco
Arman Sagart  Associate San Diego
Melissa Meza  Associate San Diego
Joe Mandry  Associate San Diego
Julia R. Brinton  Associate Washington, DC
Kimberley Bishop  Associate Boston
Amanda Griggs  Associate New York
Carrie Lebel  Associate San Francisco