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Cystic Fibrosis Foundation Therapeutics Announces $58 Million CF Drug Discovery Agreement with Pfizer
Date:11/19/2012

diting the translation of science into new treatments," said Jose-Carlos Gutierrez-Ramos, senior vice president of Pfizer BioTherapeutics R&D. "We look forward to continued collaboration with the CF Foundation and to applying our leading science with the goal of identifying novel therapies for the treatment of this devastating disease."

This new agreement builds on CFFT's existing collaboration with Pfizer, which began in 2010 when Pfizer acquired the biotech company FoldRx Pharmaceuticals Inc., as part of the company's expanded effort to discover and develop innovative medicines for rare diseases. The acquisition included FoldRx's CF research program in collaboration with CFFT which started in 2007. Pfizer takes a collaborative approach to rare disease development and is partnering extensively with stakeholders throughout the community to significantly improve the lives of patients.

About the Cystic Fibrosis Foundation

The Cystic Fibrosis Foundation is the world's leader in the search for a cure for cystic fibrosis. The Foundation funds more CF research than any other organization, and nearly every CF drug available today was made possible because of Foundation support. Based in Bethesda, Md., the Foundation also supports and accredits a national care center network that has been recognized by the National Institutes of Health as a model of care for a chronic disease. The CF Foundation is a donor-supported nonprofit organization. For more information, go to www.cff.org.


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SOURCE Cystic Fibrosis Foundation
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