Vertex Pharmaceuticals Inc

VRTX

Equity

ISIN null / Valor 983327

NASDAQ (2025-10-17)

USD 416.81+2.01%

Vertex Pharmaceuticals Inc
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About company

Vertex Pharmaceuticals Inc. is a global biotechnology firm focused on developing and commercializing innovative treatments for serious diseases. With headquarters in Boston and London, the company operates a network of research and development sites along with commercial offices worldwide. Vertex Pharmaceuticals is known for its commitment to scientific innovation, aiming to address unmet medical needs in various therapeutic areas. While the source does not specify the diseases or treatments the company focuses on, Vertex has gained recognition for its work in cystic fibrosis (CF) and other life-threatening conditions, developing a range of medications that have significantly impacted patients' lives. The company's global presence and dedication to transformative treatments underscore its role in the biotech industry, striving to improve health outcomes for patients facing serious diseases.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Vertex achieved a 12% increase in total revenue for the second quarter of 2025, reflecting robust sales from its newly launched products ALYFTREK®, ALYFTREK®, and JOURNAVX®.

Expense and Tax Rates

Combined GAAP and non-GAAP R&D, Acquired IPR&D, and SG&A expenses remained unchanged compared to previous guidance. The GAAP and non-GAAP effective tax rates for the quarter were 19.5% and 19.4%, respectively, a significant improvement from negative tax rates in the second quarter of 2024.

Net Income and Cash Position

GAAP and non-GAAP net income figures for the second quarter of 2025 were reported, demonstrating the company's profitability. As of the end of the quarter, Vertex maintained a strong cash position with substantial cash, cash equivalents, and marketable securities.

Full Year 2025 Guidance

Vertex reiterated its full-year 2025 financial guidance, maintaining total revenue projections. The company updated its non-GAAP effective tax rate guidance to a range of 20.5% to 21.5%, reflecting current financial strategies and market conditions.

Summarized from source with an LLMView Source

Key figures

-16.4%1Y

40.3%3Y

91.1%5Y

Performance

38.1%1Y

29.5%3Y

30.8%5Y

Volatility