Name | Value |
---|---|
Revenues | 2,483.5M |
Cost of Revenue | 318.7M |
Gross Profit | 2,164.8M |
Operating Expense | 1,073.8M |
Operating I/L | 1,038.1M |
Other Income/Expense | 141.1M |
Interest Income | 167.9M |
Pretax | 1,179.2M |
Income Tax Expense | 143.9M |
Net Income/Loss | 1,035.3M |
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.