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First reported by STAT
STAT+: Vertex acquires Crinetics Pharmaceuticals for $10 billion as biotech M&A booms

Why Crinetics Stock Soared 99% This Week

Crinetics Pharmaceuticals (NASDAQ:CRNX) shares have climbed 99% just this week, from $42.03 at Monday’s close, to $83.54 earlier today. The simple reason: Vertex Pharmaceuticals (NASDAQ:VRTX) agreed…

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