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Cash Balance: $467.8 MM (as of 12/31/07)
Dollars invested in R&D since inception: $2,015,896,000 (as of 9/30/07)
Drugs in pipeline: 9 (plus 1 marketed)
Institutional Ownership: 92.2% (as of 2/08/08)
Number of patients enrolled in PROVE clinical trials: 1,000
Number of patients expected to enroll in TVR Phase 3 pivotal trial: 1,050
2007 Revenue: $198.7 MM
2007 R&D expense: $514.5 MM
2008 Milestones:
| ✓ | | Initiate Phase 3 clinical development for telaprevir in treatment-naive and treatment-failure patients |
| ✓ | | Initiate clinical development of one or more next-generation HCV protease inhibitors |
| ✓ | | Evaluate telaprevir in important HCV sub-populations |
| ✓ | | Complete a Phase 2a clinical trial with VX-770 in patients with cystic fibrosis |
| ✓ | | Initiate a single dose PK and safety trial of VX-809 in patients with cystic fibrosis |
| ✓ | | Initiate clinical development of VX-509 for the treatment of immune-mediated inflammatory diseases |
2007 Achievements:
| • | | Generated telaprevir Phase 2 clinical data to support transition to Phase 3 |
| • | | Began to build commercial infrastructure for telaprevir |
| • | | Began clinical development of telaprevir in HCV sub-populations |
| • | | Began Phase 2 clinical trial of VX-770 in cystic fibrosis (CF) |
| • | | Began Phase 1 clinical trial of VX-809 in cystic fibrosis (CF) |