Month: May 2011

The U.S. Food and Drug Administration today approved Vertex’s Incivek, also known as telaprevir, a potential blockbuster drug to treat chronic hepatitis C infection. Developed by Cambridge-based Vertex Pharmaceuticals, the drug is used for patients who have either not received interferon drug therapy for their infection or who have not responded adequately to other treatments. […]

Vertex Pharmaceuticals finalized a deal yesterday to move its offices to the Fan Pier development on the South Boston Waterfront. A company spokesman said Vertex will pay an average of 72.5 million in annual rent for 1.1 million square feet of office and lab space over the next 15 years.

Cambridge, MA-based Vertex Pharmaceuticals will be known as Boston-based Vertex Pharmaceutics in the not so distant future. The biotech company said today it has signed a 15-year lease to occupy new labs and offices being built at Boston’s Fan Pier, according to a regulatory filing.

It’s been a long six years for Joe Fallon and his dreams for the South Boston waterfront, but these days the developer’s on a roll with butter on his back. As of Thursday morning, Fallon said he was already plotting to advance the second stage of development at his sprawling, 21-acre project site on Fan […]