Vertex paid a 102% premium — the year's second-highest — to land Crinetics for $10B after being the only bidder, per a new SEC filing.

Analysts expect new details on the lead-up to the deal “are likely to reignite” investor scrutiny that Vertex overpaid in what’s poised to be its largest-ever transaction.

Vertex paid a 102% premium — the year's second-highest — to land Crinetics for $10B after being the only bidder, per a new SEC filing.