Vertex Pharmaceuticals (VRTX)

Overall impact
B (78)

Commentary

Vertex Pharmaceuticals is a strong overall performer. With a 'B' rating of 77.8 for overall impact (92nd percentile compared to all companies), Vertex Pharmaceuticals ranks 87th out of 585 industry peers, behind Biogen, Amgen, Regeneron Pharmaceuticals and 83 others, and ahead of Grifols, Ionis Pharmaceuticals, Gilead Sciences and 495 others. On top material causes for Vertex Pharmaceuticals's industry (Pharmaceuticals & Biotech), Vertex Pharmaceuticals performs well in Child and Maternal Health (95.9 score), Access to Affordable Healthcare (95.9), Reduced Waste (95.1) and 7 other causes where it received an 'A' score and performs poorly in Humane Treatment of Animals (2.8 score).
Impact
Cause VRTX
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Company
Founded
1989
Employees
6,400
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ma, United States
Share classes
VRTX
Mission
Discovering transformative medicines to help people with serious diseases like cystic fibrosis.
Description
Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age and older; ALYFTREK for the treatment for people with CF 6 years of age and older; SYMDEKO/SYMKEVI for treatment of patients with CF 6 years of age and older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 month or older who have CF with ivacaftor. The company also develops CASGEVY for the treatment of sickle cell disease and transfusion-dependent beta thalassemia; JOURNAVX for the treatment of acute pain in adults; VX-522, a CFTR mRNA therapeutic designed to treat the underlying cause of CF, which is in Phase 1/2 clinical trial; inaxaplin for the treatment of APOL1-mediated kidney disease which is in single Phase 2; VX-880 and VX-264, treatment for Type 1 Diabetes; VX-670 for the treatment of myotonic dystrophy type 1; and VX-407, a small molecule corrector for the treatment of autosomal dominant polycystic kidney disease. Further, it sells the products to specialty pharmacy and specialty distributors in the United States, as well as retail pharmacies, hospitals, and clinics. Additionally, the company has collaborations with CRISPR Therapeutics AG, Moderna, Inc., and Entrada Therapeutics, Inc. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.
Material causes
Ethos considers the following causes material for Vertex Pharmaceuticals, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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