
Vertex Pharmaceuticals Inc
VRTX · NASDAQ · Healthcare / Biotechnology
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About
Vertex Pharmaceuticals Incorporated operates as a biotechnology company in the United States, Europe, and internationally. The company offers transformative medicines for people with serious diseases with a focus on specialty markets, such as cystic fibrosis (CF), sickle cell disease (SCD), transfusion dependent beta thalassemia (TDT), and acute pain. It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age and older; ALYFTREK for the treatment for people with CF 6 years of age and older; SYMDEKO/SYMKEVI for treatment of patients with CF 6 years of age and older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 month or older who have CF with ivacaftor. The company also develops CASGEVY for the treatment of SCD and TDT; JOURNAVX for the treatment of acute pain in adults; VX-522, a CFTR mRNA therapeutic designed to treat the underlying cause of CF, which is in Phase 1/2 clinical trial; inaxaplin for the treatment of APOL1-mediated kidney disease, which is in single Phase 2 trial; VX-264 for treating Type 1 Diabetes; VX-670 for the treatment of myotonic dystrophy type 1; and VX-407, a small molecule corrector for the treatment of autosomal dominant polycystic kidney disease. In addition, the company also operates as a clinical-stage pharmaceutical company, that focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company sells its products primarily to specialty pharmacy and distributors, wholesalers, retail pharmacies, hospitals, and clinics. Vertex Pharmaceuticals Incorporated has a strategic collaboration with AbCellera Biologics Inc. to research, develop, manufacture, and commercialize multispecific T-cell engagers (TCEs) for autoimmune diseases and other conditions. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.
Company Details
- SectorHealthcare
- IndustryBiotechnology
- CEODr. Reshma Kewalramani FASN, M.D.
- Employees6.40K
- Headquarters50 Northern Avenue, Boston, MA, United States, 02210, USA
- Websitehttps://www.vrtx.com
Leadership
- Dr. Jeffrey Marc Leiden M.D., Ph.D.Executive Chairman · b. 1956
- Dr. Reshma Kewalramani FASN, M.D.CEO, President & Director · b. 1973
- Mr. Charles F. Wagner Jr.Executive VP, COO & CFO · b. 1968
- Mr. Amit K. Sachdev J.D.Executive VP & Chief Patient and External Affairs Officer · b. 1968
- Dr. Ourania Tatsis Ph.D.Executive VP & Chief Product Affairs Officer · b. 1970
- Dr. Carmen Bozic M.D.Executive VP of Global Medicines Development & Medical Affairs and Chief Medical Officer · b. 1963
- Ms. Kristen C. Ambrose CPASenior VP & Chief Accounting Officer · b. 1976
- Dr. Mark Bunnage D.PhilExecutive VP & Chief Scientific Officer · b. 1969
- Ms. Susie Lisa C.F.A.Senior Vice President of Investor Relations
- Ms. Joy Liu J.D.EVP, Chief Legal Officer & Corporate Secretary · b. 1978
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy20
- Buy6
- Hold4
- Sell1
- Strong Sell1
Ownership Breakdown
- Institutions
- 97.98%
- Insiders
- 0.21%
- Retail / Other
- 1.81%
Top Institutional Holders
- Capital World Investors26.12M10.30%
- BlackRock Inc24.11M9.51%
- Capital Research Global Investors19.49M7.69%
- Vanguard Capital Management, LLC16.58M6.54%
- State Street Corp11.87M4.68%
- Amvescap Plc.8.04M3.17%
- JPMorgan Chase & Co6.52M2.57%
- Geode Capital Management, LLC6.02M2.37%
- Vanguard Portfolio Management, LLC4.88M1.92%
- Capital Research & Mgmt Co - Division 34.70M1.85%
- Loomis, Sayles & Company LP3.92M1.55%
Top Fund Holders
- American Funds Growth Fd of Amer A12.91M5.09%
- Vanguard MStar Total Stk Mkt Idx Invest8.05M3.17%
- Vanguard 500 Index Investor6.65M2.62%
- American Funds American Balanced A5.43M2.14%
- Invesco QQQ Trust5.27M2.08%
- American Funds AMCAP A4.73M1.87%
- American Funds Invmt Co of Amer A4.63M1.83%
- American Funds New Perspective A3.42M1.35%
- iShares Core S&P 500 ETF3.38M1.33%
Stock Splits
- Aug 24, 20002:1