Name | Value |
---|---|
Revenues | 2,302.7M |
Cost of Revenue | 283.3M |
Gross Profit | 2,019.4M |
Operating Expense | 961.5M |
Operating I/L | 1,033.5M |
Other Income/Expense | 43.3M |
Interest Income | 86.0M |
Pretax | 1,076.8M |
Income Tax Expense | 257.9M |
Net Income/Loss | 818.9M |
Vertex Pharmaceuticals Incorporated is a biotechnology company specializing in developing and commercializing therapies for cystic fibrosis. The company's revenue is generated through the sale of its products, including SYMDEKO/SYMKEVI, ORKAMBI, KALYDECO, and TRIKAFTA, which are targeted at treating specific mutations in the cystic fibrosis transmembrane conductance regulator gene. Additionally, Vertex has a pipeline of potential treatments in various stages of clinical trials, such as VX-864 for AAT deficiency, VX-147 for kidney diseases, VX-880 for Type 1 Diabetes, VX-548 for pain treatments, and CTX001 for severe SCD and TDT. Vertex sells its products primarily through specialty pharmacies, distributors, and retail chains in the United States and internationally.