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Toggle Summary Vertex Pharmaceuticals Announces Agreements to Exchange $103.3 Million of its 2013 Convertible Senior Subordinated Notes into Common Stock
CAMBRIDGE, Mass., Jun 08, 2009 (BUSINESS WIRE) -- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) announced today that holders of its 4.75% Convertible Senior Subordinated Notes due 2013 have agreed to exchange approximately $103.3 million in aggregate principal amount of those notes for
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Toggle Summary Vertex Pharmaceuticals Announces Webcasts of its Presentations at Two Investor Conferences
CAMBRIDGE, Mass., Jun 04, 2009 (BUSINESS WIRE) -- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that it will webcast its presentation at the Goldman Sachs 30 th Annual Global Healthcare Conference. Matt Emmens, Chairman, President and Chief Executive Officer of Vertex, will
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Toggle Summary Vertex Pharmaceuticals Initiates Phase 3 Registration Program for VX-770, an Oral CFTR Potentiator Targeting the Defective Protein Responsible for Cystic Fibrosis
<i><b>-Registration program to evaluate improvements in lung function (FEV</b></i><sub><i><b>1</b></i></sub><i><b>), restoration of CFTR activity and safety-</b></i><i><b>-Program designed to support registration in cystic fibrosis patients with the G551D mutation and to provide first evaluation of activity in patients with F508del mutations-</b></i><i><b>-Primary endpoint for patients with G551D mutation is improvement in FEV</b></i><sub><i><b>1 </b></i></sub><i><b>through 24 weeks-</b></i>
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Toggle Summary New Report Forecasts Hepatitis C Virus Epidemic Among Baby Boomers; Untreated HCV Progressing to Severe Liver Disease Seen Driving U.S. Costs to $85 Billion
<i>-Over 3 million Americans have chronic hepatitis C -</i> -<i>Baby boomers account for 2 of every 3 cases of hepatitis C virus and vast majority unaware they have this chronic disease </i>- -<i>Cost burden of hepatitis C to Medicare projected to increase 500% as baby boomers with HCV age into severe complications of liver disease-</i>
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Toggle Summary Stockholders of Vertex Pharmaceuticals Approve Proxy Proposals at Annual Meeting
CAMBRIDGE, Mass., May 14, 2009 (BUSINESS WIRE) -- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced results of the voting at its 2009 Annual Meeting of Stockholders. At the meeting, stockholders approved the amendment to Vertex's Amended and Restated 2006 Stock and Option Plan
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Toggle Summary Vertex Pharmaceuticals Announces Webcasts of its Presentations at Three Investor Conferences
CAMBRIDGE, Mass., May 06, 2009 (BUSINESS WIRE) -- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that it will webcast its corporate presentation at the Bank of America and Merrill Lynch 2009 Health Care Conference on Tuesday, May 12, 2009 at 8:40 a.m. EDT; at R. W.
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Toggle Summary Vertex Promotes Dr. Peter Mueller to Global R&D Chief and Chief Science Officer
CAMBRIDGE, Mass., May 04, 2009 (BUSINESS WIRE) -- Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) today announced that Dr. Peter Mueller, Vertex's Executive Vice President, Drug Innovation and Realization and Chief Scientific Officer, will expand his leadership responsibilities to cover all of
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Toggle Summary New England Journal of Medicine Publishes Landmark Clinical Studies of the Investigational Hepatitis C Virus Protease Inhibitor Telaprevir
<i><b>-Addition of telaprevir to standard HCV therapies significantly improved rates of sustained viral response in half the time of current treatments-</b></i><i><b>-SVR rates in Phase 2b studies of up to 69% with 24 weeks of telaprevir-based treatment-</b></i><i><b>-Phase 3 program ongoing in more than 2,200 patients-</b></i>
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Toggle Summary Telaprevir Data Presented at EASL Show Unprecedented SVR Rates in HCV Treatment-Failure Patients in PROVE 3 Study
<i>- Superior SVR rates with telaprevir across all HCV genotype 1 non-responders and relapser patients and patients with cirrhosis - up to 76% in prior relapsers -</i><i>- PROVE 3 showed 51% and 52% SVR rates in telaprevir-based regimens compared to 14% in the 48-week control arm</i><i>-</i><i>- Treatment-failure patient population represents the greatest unmet medical need in HCV -</i>
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Toggle Summary Vertex Pharmaceuticals to Present Data at EASL Suggesting Telaprevir's Potential for Use in a Broad Range of HCV Patients and Highlighting the Company's Expanded STAT-C Portfolio
<i>-PROVE 3 results to be presented at late breaker session on Saturday, April 25, 2009-</i><i>-Interim data from two Phase 2 studies of telaprevir indicate activity across multiple genotypes in treatment-naïve HCV patients-</i><i>-Early data from newly-acquired polymerase inhibitors suggest rapid, powerful antiviral activity with favorable safety and tolerability profile-</i>
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