Vertex Statistics and Revenue Totals for 2024
Last Updated on: January 14th, 2024
Here are a few of the most interesting Vertex statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Critical sections of this article:
Vertex Facts
Here is pretty much everything you ever wanted to know about Vertex.
- Website: Official Website
- Year Founded: 1989
- Headquarters: Boston, MA
- Founder(s): Joshua Boger and Kevin Kinsella
- Current Chief Executive: Reshma Kewalramani
Vertex Pharmaceuticals is a renowned biotechnology company headquartered in Boston, Massachusetts, USA. Founded in 1989, Vertex has made significant contributions to the field of medicine, particularly in the development of innovative therapies for serious diseases.
Vertex is best known for its pioneering work in the area of cystic fibrosis (CF). The company developed groundbreaking drugs like Kalydeco, Orkambi, Symdeko, and Trikafta, which are precision medicines designed to treat the underlying genetic causes of CF. These medications have dramatically improved the quality of life for many CF patients.In addition to its work in CF, Vertex has expanded its focus to other therapeutic areas, including oncology and pain management. The company’s commitment to scientific research and development has led to the creation of novel therapies for various diseases, often targeting the root causes of these conditions.
Vertex Statistics
Vertex Revenue Totals
Vertex annual revenue:
- 2022: $8.931 billion
- 2021: $7.574 billion
- 2020: $6.203 billion
- 2019: $4.162 billion
- 2018: $3.047 billion
- 2017: $2.488 billion
- 2016: $1.702 billion
- 2015: $1.032 billion
Vertex annual net income:
- 2022: $3.322 billion
- 2021: $2.342 billion
- 2020: $2.712 billion
- 2019: $1.176 billion
- 2018: $2.096 billion
- 2017: $263 million
- 2016: $112 million net loss
- 2015: $556 million net loss
Please note that some of these numbers are easier to find than others. A few of these Vertex statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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