Name | Value |
---|---|
Revenues | 2,517.7M |
Cost of Revenue | 368.0M |
Gross Profit | 2,149.7M |
Operating Expense | 1,190.9M |
Operating I/L | 958.8M |
Other Income/Expense | 159.1M |
Interest Income | 179.5M |
Pretax | 1,147.6M |
Income Tax Expense | 178.8M |
Net Income/Loss | 968.8M |
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.