Vertex Pharmaceuticals Inc - Company Profile
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View moreVertex Pharmaceuticals Inc (Vertex) is a biotechnology company that discovers, develops, and manufactures transformative medicines for serious diseases. Vertex's major products include therapies for cystic fibrosis, sickle cell disease, transfusion-dependent beta thalassemia, and acute pain. The company's products are distributed through local and international pharmacies, hospitals, clinics, specialty distributors to patients, health care providers, and authorized treatment centers. Vertex offers its products in the Americas, Europe, Asia, and the Middle East, through the brands Alyftrek, Casgevy, Kaftrio, Orkambi, and Trikafta, among others. It operates manufacturing facilities in the US and collaborates to manufacture its products. Vertex is headquartered in Boston, Massachusetts, the US.
Vertex Pharmaceuticals Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Medicine for Cystic Fibrosis | Vertex |
| Medicine for Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia | Kalydeco |
| Medicine for Acute Pain | Orkambi |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In September, the company signed a reimbursement agreement with the Italian Medicines Agency (AIFA) for eligible transfusion-dependent beta thalassemia and severe sickle cell disease (SCD) patients. |
| 2025 | Regulatory Approval | In April, the company received approval from the European Commission to use KAFTRIO in combination with ivacaftor for people with cystic fibrosis. |
| 2025 | Regulatory Approval | In March, the company received regulatory approval from the UK MHRA for ALYFTREK (deutivacaftor/tezacaftor/vanzacaftor) to treat cystic fibrosis. |
Competitor Comparison
| Key Parameters | Vertex Pharmaceuticals Inc | Eli Lilly and Co | Merck & Co Inc | AstraZeneca Plc | AbbVie Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United Kingdom | United States of America |
| City | Boston | Indianapolis | Rahway | Cambridge | North Chicago |
| State/Province | Massachusetts | Indiana | New Jersey | Cambridgeshire | Illinois |
| No. of Employees | 6,400 | 47,000 | 73,000 | 96,100 | 55,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey Leiden, MD, PhD | Chairman | Executive Board | 2020 | 69 |
| Reshma Kewalramani, MD | Chief Executive Officer; President; Director | Executive Board | 2020 | 52 |
| Charles F. Wagner, Jr. | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 56 |
| Stuart A. Arbuckle | Executive Vice President; Chief Operating Officer | Senior Management | 2021 | 59 |
| Kristen C. Ambrose | Senior Vice President; Chief Accounting Officer | Senior Management | 2021 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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