Concert Pharmaceuticals - CTP-656 - Ownership and Business Overview

Life ScienceCompany

Concert Pharmaceuticals - CTP-656 Ownership

Who owns Concert Pharmaceuticals - CTP-656?

Concert Pharmaceuticals - CTP-656 is owned by Vertex Pharmaceuticals. It was acquired on March 6, 2017.

Concert Pharmaceuticals - CTP-656 Business Overview

Where is Concert Pharmaceuticals - CTP-656 headquartered?

Concert Pharmaceuticals - CTP-656 is headquartered in Lexington, Massachusetts.

What sector is Concert Pharmaceuticals - CTP-656 in?

Concert Pharmaceuticals - CTP-656 is a life science company.

Life Science M&A Summary in 2017

Out of 60 sectors in the Mergr database, life science ranked 7 in number of deals in 2017. The largest life science acquisition in 2017 was Actelion - which was acquired by Johnson & Johnson for $30.0B.

Join Mergr to view all 249 acquisitions of life science companies in 2017, including 23 acquisitions by private equity firms, and 226 by strategics.

Concert Pharmaceuticals, Inc. - CTP-656

Lexington, Massachusetts 02421
United States,

Concert Pharmaceuticals, Inc. - CTP-656 was developed by Concert through the application of deuterium chemistry to modify Vertex’s CFTR potentiator, ivacaftor. Ivacaftor was discovered by Vertex scientists and is approved in the U.S., Europe, Canada and Australia for people with CF who have specific mutations in the CFTR gene. CTP-656 has the potential to play a key role in future once-daily combination regimens to treat CF. Concert is currently conducting a Phase 2 study of CTP-656 in people with CF who have gating mutations. As part of the agreement, Vertex will acquire rights to all of Concert’s other CF research and preclinical programs.


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