Better Buy: Vertex vs. CRISPR
It's very common in the life sciences industry for small biotech companies to partner with larger pharmaceutical businesses. The biotech company typically has innovative treatments in the pipeline with years of clinical trials ahead of them, while the pharma company generally has the cash and resources to help get through regulatory approvals and ramp up manufacturing and sales.
Vertex Pharmaceuticals (NASDAQ: VRTX) and CRISPR Therapeutics (NASDAQ: CRSP) have formed a partnership for just that reason. The companies are hoping to be first to market with the groundbreaking CTX001 therapy using CRISPR-Cas9 gene editing to treat, and perhaps cure, sickle cell disease (SCD) and transfusion-dependent beta thalassemia (TDT).
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Source Fool.com
