Vertex Pharmaceuticals
↗Boston, USA
Vertex Pharmaceuticals is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases. The company is the undisputed leader in the treatment of cystic fibrosis (CF), with a portfolio of four approved medicines that treat the underlying cause of the disease for the vast majority of patients globally.
Beyond CF, Vertex is rapidly diversifying its portfolio into other high-value therapeutic areas including sickle cell disease, beta thalassemia, acute and neuropathic pain, and inflammatory kidney diseases. The company is known for its 'rational drug design' approach, focusing on targets with clear biological validation and high unmet medical need.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:-
Industry:Biotechnology
Sub-Industry:Rare Disease & Specialty Therapeutics
SIZE & FINANCIALS
Employees:5001-10000
Revenue:$11.02B
Founded:1989
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Investors:Vanguard Group, BlackRock, State Street Corporation
STOCK
Exchange:NASDAQ
Ticker:VRTX
Market Cap:$121.1B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Gene therapy (CRISPR), Cell therapy, Protein-based immunotherapy
Active Trials:45
Trial Phases:Phase 1: 12 | Phase 2: 18 | Phase 3: 10 | Phase 4: 5
FDA Approvals:7
EMA Approvals:6
CORPORATE STRUCTURE
Subsidiaries:Alpine Immune Sciences, Semma Therapeutics, Exonics Therapeutics, ViaCyte
Key Partnerships:CRISPR Therapeutics (Casgevy collaboration), Zai Lab (Povetacicept in Greater China), Ono Pharmaceutical (Povetacicept in Japan/Korea)
COMPETITION
Position:Leader
Competitors:AbbVie, Gilead Sciences, Regeneron, Amgen
LEADERSHIP
Key Executives:
Reshma Kewalramani - CEO & President
Charlie Wagner - CFO & COO
David Altshuler - Chief Scientific Officer
Scientific Founders:Joshua Boger, Kevin J. Kinsella
Board Members:Jeffrey Leiden (Executive Chairman), Sangeeta Bhatia, Lloyd Carney
LINKS
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