VRTX

Vertex Pharmaceuticals
D

VRTX

Arincen81/100B

Vertex Pharmaceuticals company profile

CEO
Reshma Kewalramani
Employees
6,400
Headquarters
50 Northern Avenue, Boston, MA 02210, US
Sector
Healthcare
Industry
Biotechnology
IPO date
24 Jul 1991
Stock exchange
NASDAQ
ISIN
US92532F1003

Website:vrtx.com

About the company

Vertex Pharmaceuticals Incorporated is a leading biotechnology firm primarily focused on the discovery, advancement, and marketing of innovative treatments, particularly for cystic fibrosis (CF). The company offers a range of approved medications for CF patients, including SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO, which target specific mutations within the cystic fibrosis transmembrane conductance regulator gene. Additionally, they provide TRIKAFTA for individuals with CF aged six years and older who possess at least one F508del mutation. Beyond its established CF therapies, Vertex maintains a robust and diverse clinical pipeline. This includes VX-864, currently in Phase 2 for alpha-1 antitrypsin (AAT) deficiency; VX-147, also in Phase 2, addressing APOL1-mediated focal segmental glomerulosclerosis (FSGS) and other serious kidney conditions; VX-880, a potential treatment for Type 1 Diabetes undergoing Phase 1/2 trials; VX-548, a NaV1.8 inhibitor in Phase 2 for various forms of acute, neuropathic, and musculoskeletal pain; and CTX001, which is in Phase 3 development for severe sickle cell disease (SCD) and transfusion-dependent beta-thalassemia (TDT). The company distributes its pharmaceutical products through specialty pharmacies and distributors across the United States, while international sales are facilitated via a network of specialty distributors, retail chains, hospitals, and clinics. Vertex also engages in numerous strategic collaborations with partners such as Affinia Therapeutics, Arbor Biotechnologies, CRISPR Therapeutics, Kymera Therapeutics, Mammoth Biosciences, Moderna, Obsidian Therapeutics, Skyhawk Therapeutics, Ribometrix, Genomics plc, Merck KGaA, and X-Chem. Established in 1989, Vertex Pharmaceuticals is headquartered in Boston, Massachusetts.

Employees

Vertex Pharmaceuticals had about 6,400 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 4.9% more than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY20256,400+4.92%1.89M USD617.69K USD
FY20246,100+12.96%1.81M USD-87.80K USD
FY20235,400+12.50%1.83M USD670.30K USD
FY20224,800+23.08%1.86M USD692.08K USD
FY20213,900+14.71%1.94M USD600.54K USD
FY20203,400+13.33%1.83M USD797.56K USD
FY20193,000+20.00%1.39M USD392.27K USD
FY20182,500+8.70%1.22M USD838.76K USD
FY20172,300+6.98%1.08M USD114.56K USD
FY20162,150+10.26%791.71K USD-52.12K USD
FY20151,950+6.56%529.40K USD-286.21K USD
FY20141,830+1.67%317.17K USD-403.58K USD
FY20131,800-18.18%673.32K USD-247.24K USD
FY20122,200+10.00%694.11K USD-48.65K USD
FY20112,000+18.27%705.31K USD14.79K USD
FY20101,691+18.09%84.78K USD-446.26K USD
FY20091,432+7.43%71.26K USD-448.03K USD
FY20081,333+15.91%131.66K USD-344.97K USD
FY20071,150+19.54%173.05K USD-340.24K USD
FY2006962+18.33%224.90K USD-215.06K USD
FY2005813+10.46%197.90K USD-250.21K USD
FY2004736+2.22%139.56K USD-225.88K USD
FY2003720-26.53%96.03K USD-273.29K USD
FY2002980-2.00%164.37K USD-110.84K USD
FY20011,000+119.78%167.49K USD-66.23K USD
FY2000455+28.90%171.71K USD-87.16K USD
FY1999353+16.12%174.50K USD-116.15K USD
FY1998304+38.18%146.05K USD-108.88K USD
FY1997220+23.60%199.09K USD-90.00K USD
FY1996178—74.72K USD-224.72K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Vertex Pharmaceuticals

Institutions such as funds, banks and insurers held 95.8% of Vertex Pharmaceuticals's shares on 30 June 2026, 1,831 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 95.8%Other shareholders 4.2%

Shares free to trade

Free float 252.88M shares ·99.8% Closely held 579.41K shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Common questions about Vertex Pharmaceuticals

Source: Financial Modeling Prep

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