News and analysis
February 07, 2010
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Charities Move Into Role Traditionally Held by Drug Companies

Vertex Pharmaceuticals

A collaboration between the Cystic Fibrosis Foundation and Vertex Pharmaceuticals has led to two promising drug treatments that are now in clinical trials.

Roughly 30,000 people in the United States have cystic fibrosis. Worldwide the total is just 70,000.

Such a small number of potential customers means big pharmaceutical companies can’t afford the risk of spending large amounts of money to conduct...

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