VP

Vertex Pharmaceuticals

VRTX
NASDAQHealth Care
$428.15
USD
+4.91(+1.16%)
At close: Apr 30, 14:22 UTC
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Open

$428.85

Prev. Close

$428.85

High

$428.85

Low

$428.15

Market Snapshot

Market Cap

$107.38B

P/E Ratio

27.2

EPS

-2.08

Revenue

$11.02B

Why VRTX moved

Vertex Pharmaceuticals expects increased revenue despite cautious investor sentiment as it approaches its Q1 earnings release on May 4, signaling potential growth in the biotech sector.

About

Vertex Pharmaceuticals, Inc. is a global biotechnology company, which engages in the business of discovering, developing, manufacturing, and commercializing small molecule drugs for patients with serious diseases. The company is headquartered in Boston, Massachusetts and currently employs 6,400 full-time employees. The company has seven approved medicines: five that treat the underlying cause of cystic fibrosis (CF), one that treats severe sickle cell disease (SCD) and transfusion dependent beta thalassemia (TDT), and one that treats moderate-to-severe acute pain. Its pipeline includes clinical-stage programs in CF, SCD, beta thalassemia, acute and peripheral neuropathic pain, APOL1-mediated kidney disease, IgA nephropathy and other autoimmune renal diseases and cytopenias, type 1 diabetes, myotonic dystrophy type 1, and autosomal dominant polycystic kidney disease. Its marketed medicines are TRIKAFTA/KAFTRIO (elexacaftor/tezacaftor/ivacaftor and ivacaftor), SYMDEKO/SYMKEVI (elexacaftor/tezacaftor/ivacaftor and ivacaftor), ORKAMBI (lumacaftor/ivacaftor), and KALYDECO (ivacaftor).

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