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Home›Companies›Vertex Pharmaceuticals
Vertex Pharmaceuticals logo

Vertex Pharmaceuticals

Boston, MA, United States Biotech 5,000 employees Founded 1989 VRTX vrtx.com ↗
7 Products & services
21 Licensed medicines
30 Clinical trials
5,000 Employees

About Vertex Pharmaceuticals

Vertex Pharmaceuticals is a global biotechnology company headquartered in Boston, Massachusetts, the world leader in cystic fibrosis medicines and expanding into gene editing and pain.

Sector
Biotech
Headquarters
Boston, MA, United States
Founded
1989
Employees
5,000

Milestones

Milestones as listed on sec.gov, checked 26 Sep 2026. Details can change; the linked page is the authoritative source.

2017
CF assets from Concert
Acquired CF assets including deutivacaftor from Concert Pharmaceuticals.
Source: sec.gov
2019
Semma acquisition
Established its type 1 diabetes program by acquiring Semma Therapeutics.
Source: sec.gov
2024
Alpine Immune Sciences acquired
Acquired Alpine for about $5.0 billion, adding povetacicept.
Source: sec.gov
2024
ALYFTREK approved
FDA approved ALYFTREK for people with CF aged 6 and older.
Source: sec.gov
2025
JOURNAVX approved
FDA approved JOURNAVX in January 2025 for moderate-to-severe acute pain in adults.
Source: sec.gov
2026
Crinetics merger agreement
Signed agreement on 6 July 2026 to acquire Crinetics Pharmaceuticals as a wholly owned subsidiary.
Source: sec.gov
2026
New CFO named
Jonathan Poole appointed EVP and CFO effective 1 January 2027.
Source: sec.gov

Leadership Team

Leadership as listed on sec.gov, checked 26 Sep 2026. Details can change; the linked page is the authoritative source.

Reshma Kewalramani, M.D.

Chief Executive Officer and President
Source: sec.gov

Jeffrey M. Leiden, M.D., Ph.D.

Executive Chairman
Source: sec.gov

Charles F. Wagner, Jr.

Executive Vice President, Chief Operating and Financial Officer
Source: sec.gov

Carmen Bozic, M.D.

Executive Vice President, Global Medicines Development and Medical Affairs, and Chief Medical Officer
Source: sec.gov

Mark Bunnage, D.Phil

Executive Vice President, Chief Scientific Officer
Source: sec.gov

Duncan J. McKechnie

Executive Vice President, Chief Commercial Officer
Source: sec.gov

Products & Services

Products and services as listed on sec.gov, checked 26 Sep 2026. Details can change; the linked page is the authoritative source.

All Cystic fibrosis Sickle cell disease / beta thalassemia Acute pain
Cystic fibrosis

ALYFTREK (vanzacaftor/tezacaftor/deutivacaftor)

Once-daily triple-combination CFTR modulator; Vertex expects most CF patients to transition to it over time.

Source: sec.gov
Cystic fibrosis

TRIKAFTA / KAFTRIO (elexacaftor/tezacaftor/ivacaftor and ivacaftor)

Triple-combination CFTR modulator treating the underlying cause of cystic fibrosis.

Source: sec.gov
Cystic fibrosis

SYMDEKO / SYMKEVI (tezacaftor/ivacaftor and ivacaftor)

Combination CFTR modulator for cystic fibrosis.

Source: sec.gov
Cystic fibrosis

ORKAMBI (lumacaftor/ivacaftor)

Combination CFTR modulator for cystic fibrosis.

Source: sec.gov
Cystic fibrosis

KALYDECO (ivacaftor)

CFTR potentiator for cystic fibrosis.

Source: sec.gov
Sickle cell disease / beta thalassemia

CASGEVY (exagamglogene autotemcel)

Ex-vivo CRISPR/Cas9 gene-edited cell therapy for severe SCD and transfusion-dependent beta thalassemia.

Source: sec.gov
Acute pain

JOURNAVX (suzetrigine)

First-in-class oral NaV1.8 pain signal inhibitor for moderate-to-severe acute pain in adults, a non-opioid option.

Source: sec.gov

Pipeline & Regulatory Record

What public registers list for Vertex Pharmaceuticals: clinical trials it sponsors, FDA device clearances, Irish licences, recent approvals and supply shortages. Rebuilt daily, last on 7 Oct 2026.

30Trials as lead sponsor
14Recruiting now
3With a site in Ireland
0FDA device clearances

Clinical trials 30 in our ClinicalTrials.gov registers · 2 in the EU register

StudyPhaseStatus
A Study Evaluating the Long-term Safety and Efficacy of VX-121 Combination Therapy
NCT05444257 · site in Ireland · Cystic Fibrosis
Phase 3Active, closed
Evaluation of Efficacy, Safety, and Tolerability of Povetacicept in Participants With Primary Membranous Nephropathy (pMN)
NCT07204275 · site in Ireland · Primary Membranous Nephropathy
Phase 2/3Recruiting
Phase 2a Study of VX-407 in Participants With ADPKD Who Have a Subset of PKD1 Gene Variants (AGLOW)
NCT07161037 · Autosomal Dominant Polycystic Kidney Disease (ADPKD)
Phase 2Active, closed
Polycystic Kidney Disease 1 (PKD1) Gene Variant Groups in Autosomal Dominant Polycystic Kidney Disease
NCT06747572 · Autosomal Dominant Polycystic Kidney Disease (ADPKD)
ObservationalActive, closed
Evaluation of the Long-term Safety and Effectiveness of Suzetrigine (SUZ) in Participants With Painful Diabetic Peripheral Neuropathy (DPN)
NCT06696443 · Diabetic Peripheral Neuropathic Pain
Phase 3Active, closed
Evaluation of Long-term Safety and Efficacy of ELX/TEZ/IVA in Cystic Fibrosis Participants 12 Months of Age and Older
NCT06460506 · Cystic Fibrosis
Phase 3Active, closed
A Phase 1/2 Study of VX-670 in Adult Participants With Myotonic Dystrophy 1 (DM1)
NCT06185764 · Myotonic Dystrophy Type 1 (DM1)
Phase 1/2Active, closed
A Safety, Tolerability, and Efficacy Study of VX-264 in Participants With Type 1 Diabetes
NCT05791201 · Type 1 Diabetes
Phase 1/2Active, closed
A Phase 1/2 Study of VX-522 in Participants With Cystic Fibrosis (CF)
NCT05668741 · Cystic Fibrosis
Phase 1/2Active, closed
Study to Evaluate Elexacaftor/Tezacaftor/Ivacaftor (ELX/TEZ/IVA) Long-term Safety and Efficacy in Subjects Without F508del
NCT05331183 · Cystic Fibrosis
Phase 3Active, closed

Showing 10 of 30, trials with Irish sites first. The full lists are on the sponsor pages below.

All trials by sponsor name 1 registry name

Drugs in these trials 18 compounds

EU trials register (CTIS) 2 authorised or ongoing · 1 in Ireland

NICE technology appraisals 4 of its medicines · 4 current

Appraisals of medicines sold under a brand this company holds in EMA or FDA records, from our NICE appraisals register. NICE decisions apply to the NHS in England. © NICE 2026 technology appraisal guidance. Available from www.nice.org.uk/guidance. All rights reserved. Subject to Notice of rights. NICE guidance is prepared for the National Health Service in England. All NICE guidance is subject to regular review and may be updated or withdrawn. NICE accepts no responsibility for the use of its content in this product/publication.

Group (Vertex Pharmaceuticals): founded 1989, headquarters Boston, website vrtx.com. Wikidata Q2744099 · Wikipedia. From Wikidata (CC0), matched by the group's SEC filer number.

How this is matched: register records are linked to this page by the organisation name they carry, here Vertex Pharmaceuticals Incorporated; Vertex Pharmaceuticals Inc.; Vertex Pharmaceuticals (Ireland) Limited; VERTEX PHARMS. Spot a wrong match? Tell us.

Financials & Irish Entities

From the annual reports Vertex Pharmaceuticals Incorporated files with the US Securities and Exchange Commission (10-K, US GAAP), in USD as reported. Latest financial year: to Dec 2025.

$12.0bnRevenue
$3.9bnR&D expense
32.6%R&D as % of revenue
$4.0bnNet income (32.9% margin)
Revenue and R&D expense, USD bn$0.0bn$5.0bn$10bn$15bnDec 2021Dec 2022Dec 2023Dec 2024Dec 2025Dec 2021: $7.6bn (Revenue)Dec 2022: $8.9bn (Revenue)Dec 2023: $9.9bn (Revenue)Dec 2024: $11bn (Revenue)Dec 2025: $12bn (Revenue)RevenueDec 2021: $3.1bn (R&D expense)Dec 2022: $2.5bn (R&D expense)Dec 2023: $3.2bn (R&D expense)Dec 2024: $3.6bn (R&D expense)Dec 2025: $3.9bn (R&D expense)R&D expense
RevenueR&D expense
Year toRevenueR&DR&D %Net incomeFiling
Dec 2025$12.00bn$3.91bn32.6%$3.95bn10-K 2026
Dec 2024$11.02bn$3.63bn32.9%−$536m10-K 2026
Dec 2023$9.87bn$3.16bn32.0%$3.62bn10-K 2026
Dec 2022$8.93bn$2.54bn28.4%$3.32bn10-K 2025
Dec 2021$7.57bn$3.05bn40.3%$2.34bn10-K 2024

R&D is shown as tagged in the filing, which for this company can exclude acquired in-process R&D. Each year is taken from the most recent annual report that includes it, so earlier years reflect any later restatement. Source: SEC EDGAR (XBRL financial data). Compare companies on the pharma company financials register.

Companies registered in Ireland 4 active in the CRO register

CompanyCRO no.RegisteredLast accounts
Vertex Pharmaceuticals (Ireland) Limited
LTD - Private Company Limited by Shares
5025582011Dec 2025
Vertex Pharmaceuticals (Europe) Limited
External company
9098082022—
Vertex Pharmaceuticals Finance Unlimited Company
ULC - Private Unlimited Company
8143132026—
Vertex Pharmaceuticals Ireland Holding Unlimited Company
ULC - Private Unlimited Company
8143142026—

From the Companies Registration Office (CRO Open Data, CC BY 4.0). A company is listed when GLEIF's legal entity register links it to Vertex Pharmaceuticals Incorporated as its ultimate parent, or when we checked its name and registered address by hand. Branches of foreign companies appear as "External company". Spot a missing or wrong entry? Tell us.

In the News

No coverage yet — our newsroom tracks Vertex Pharmaceuticals continuously.

Research Publications

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FDA Recalls (US)

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