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Vertex Pharmaceuticals restructures agreement with Eli Lilly; Vertex to lead development of novel oral hepatitis C protease inhibitor VX-950.

Asia Africa Intelligence Wire

| January 02, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Press Release)

Vertex Pharmaceuticals Inc (Vertex) has restructured its agreement with Eli Lilly and that Vertex will lead development and commercialisation of VX-950, a novel, oral hepatitis C viral protease inhibitor. Vertex plans to begin clinical testing of VX-950 in 2H 2003. Pre-clinical studies of VX-950, begun in early 2002, are continuing in preparation for the commencement of Phase I clinical trials. The mutual decision to restructure the agreement is a result of a reprioritization …

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