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Vertex Pharmaceuticals Incorporated logo
Vertex Pharmaceuticals Incorporated
VRTX · US · NASDAQ
468.45
USD
+2.49
(0.53%)
Company Overview

50 NORTHERN AVENUE,BOSTON MA 02210,6173416393

CEO

Dr. Reshma Kewalramani FASN, M.D.

Employess

5400

Sector

Healthcare

Industry

Biotechnology

Website

https://www.vrtx.com

Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis. The company markets SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO to treat patients with cystic fibrosis who have specific mutations in their cystic fibrosis transmembrane conductance regulator gene; and TRIKAFTA for the treatment of patients with CF 6 years of age or older who have at least one F508del mutation. Its pipeline includes VX-864 for the treatment of AAT deficiency, which is in Phase 2 clinical trial; VX-147 for the treatment of APOL1-mediated focal segmental glomerulosclerosis, or FSGS, and other serious kidney diseases which is in Phase 2 clinical trial; VX- 880, treatment for Type 1 Diabetes which is in Phase 1/2 clinical trial; VX-548, a NaV1.8 inhibitor for treatments of acute, neuropathic, musculoskeletal pain which is in Phase 2 clinical trial; and CTX001 for the treatment severe SCD and TDT which is in Phase 3 clinical trial. The company sells its products primarily to specialty pharmacy and specialty distributors in the United States, as well as specialty distributors and retail chains, and hospitals and clinics internationally. It has collaborations with Affinia Therapeutics, Inc.; Arbor Biotechnologies, Inc.; CRISPR Therapeutics AG.; Kymera Therapeutics, Inc.; Mammoth Biosciences, Inc.; Moderna, Inc.; Obsidian Therapeutics, Inc.; and Skyhawk Therapeutics, Inc.; as well as Ribometrix, Inc.; Genomics plc; Merck KGaA; Darmstadt, Germany, and X-Chem, Inc. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.

Next Earnings Date

Nov. 4, 2024

Ex Dividends date

--

Dividend Date

--

YTD Performance

14.00%

Fiscal Year End

12-31

IPO Date

1991-07-24

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 23.30% 26.42% 16.61% 10.17%
EPS 24.71% 11.24% 10.41% 8.33%
Equity 29.20% 31.71% 26.49% 26.36%
Cash 33.68% 31.38% 20.10% -1.25%
Return On Capital (ROIC) 6.10% 20.86% 20.84% 16.85%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 83.7 89.4 46.9 42.4 30.3
Long Term Debt 725 472 557 581 577
LT Finance Leases 725 472 557 581 577
Shares Outstanding 258 256 258 260 257
Market Cap 105,000 74,000 56,600 61,400 56,200
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
The Zacks Analyst Blog Vertex Pharmaceuticals CRISPR and Moderna
1 month

Vertex Pharmaceuticals CRISPR and Moderna are included in this Analyst Blog.

zacks.com
Here's How to Play Vertex (VRTX) Stock After Q2 Loss, Price Dip
1 month

Vertex (VRTX) is a great stock to have in one's portfolio based on its strong overall financial performance and robust pipeline progress.

zacks.com
The 3 Best Biotech Stocks to Buy in August 2024
1 month

Amid the stock market turmoil, wagering on the best biotech stocks could be a savvy move. The stock market has been tumultuous lately, which could spur a pivot toward defensive biotech stocks.

investorplace.com
Vertex Announces CASGEVY™ Reimbursement Agreement for the Treatment of Transfusion-Dependent Beta Thalassemia in England
1 month

LONDON--(BUSINESS WIRE)--Vertex Pharmaceuticals (Nasdaq: VRTX) announced today a reimbursement agreement with NHS England for eligible transfusion-dependent beta thalassemia (TDT) patients to access the CRISPR/Cas9 gene-edited therapy, CASGEVY™ (exagamglogene autotemcel), from today. The reimbursement agreement comes as the National Institute for Health and Care Excellence (NICE) issues positive guidance recommending CASGEVY's use in the NHS. The United Kingdom (U.K.) Medicines and Healthcare p.

businesswire.com
Investors Heavily Search Vertex Pharmaceuticals Incorporated (VRTX): Here is What You Need to Know
1 month

Recently, Zacks.com users have been paying close attention to Vertex (VRTX). This makes it worthwhile to examine what the stock has in store.

zacks.com
Is It Too Late to Buy Vertex Pharmaceuticals Stock?
1 month

Vertex Pharmaceuticals is a rare-disease drugmaker with over $10 billion in annual sales. The company's lead drug is the only available treatment for cystic fibrosis, a life-threatening progressive disease.

fool.com
Investing in biotech outside of weight-loss drugs
1 month

GLP-1 weight-loss drugs have pushed the biotech sector to new heights as demand steadily increases. But despite the drugs' popularity, there are other investment opportunities within the biotech sector.

youtube.com
Prediction: These Could Be the Best-Performing Growth Stocks Through 2030
1 month

These growth stocks are leading in their respective markets. Vertex Pharmaceuticals is the dominant force in the cystic fibrosis treatment industry, but it is in the midst of a multiyear period during which it's targeting multiple blockbuster launches.

fool.com
3 Biotech Stocks on Track for 50% Returns (or More) by 2028
2 months

The biotech industry, often recognized for its rapid innovation, can set investors up for outsized returns in the stock market. However, not all biotech companies have the capability of doing so.

investorplace.com
3 Unstoppable Stocks to Buy in August
2 months

Novo Nordisk is big but has plenty of room to grow. Vertex Pharmaceuticals' existing products and pipeline programs give it multiple growth catalysts.

fool.com
Prediction: 2 Stocks That Will Be Worth More Than Johnson & Johnson 10 Years From Now
2 months

Johnson & Johnson hasn't performed that well in the past decade. By contrast, Vertex Pharmaceuticals and Intuitive Surgical have been exceptional.

fool.com
Compared to Estimates, Vertex (VRTX) Q2 Earnings: A Look at Key Metrics
2 months

Although the revenue and EPS for Vertex (VRTX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

zacks.com