Vertex to give $500M, create new charitable foundation

Boston-based Vertex Pharmaceuticals Inc. is committing to give $500 million over 10 years to provide patient and caregiver support, funding education and investing in the community. The company (Nasdaq: VRTX) announced today it will establish The Vertex Foundation, a 501(c)(3) organization, with an initial contribution of $10 million. The foundation will support a new dollar-for-dollar matching gifts program to extend the impact of employee donations to qualified non-profit o rganizations. The state's…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Source Type: news