Vertex Pharma (VRTX) Tops Q3 EPS by 48c, Lifts FY Guidance

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Vertex Reports Third-Quarter 2021 Financial Results

November 2, 2021 4:01 PM EDT

-Product revenues of $1.98 billion, a 29% increase compared to Q3 2020-

-Company raises full-year 2021 guidance for product revenues to $7.4 to $7.5 billion-

-Broad pipeline advancing with recent progress marked by unprecedented VX-880 clinical results in T1D; Phase 2 clinical results for VX-147 expected this quarter and for VX-548 in Q1 2022-

BOSTON--(BUSINESS WIRE)-- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the third quarter ended September 30, 2021 and raised full-year 2021 product revenue guidance to $7.4 to $7.5 billion.

"Our... More