Asia Leaders
Reshma Kewalramani Is Betting Vertex’s Balance Sheet on a US$10 Billion Endocrine Expansion
Vertex’s agreement to buy Crinetics for about US$10 billion is Reshma Kewalramani’s largest strategic wager. The deal could accelerate non-cystic-fibrosis revenue, but its financing, integration and peak-sales assumptions now demand unusually close scrutiny.