Vertex

[slagle2]

I just noticed on CNBC that they just today reported that Vertex Pharma, the Incevik company had their first ever quarterly profit.  I guess they are selling lots of Incevik.

[James10500]

Incevik is Telepravir. It was called Teleprevir when it was a trial drug.

[Bobby1952]

  I haven't been on the forum in a while. What is Incivek ? I thought Vertex was making Telapriver !

[frijole]

so why is their stock tanking?  Hi at FDA approval was $54, never to reach that again.  Now has slipped in the $30s

[Proactive]

When one considers that 17K number includes backlog/pent up demand from those waiting on the new tx, the numbers were not as impressive as the analysts would lead you to believe. I believe the stock will be trading in the 30's in short order (yes, pun intended)

[Andiamo1]

The blew the doors of the Wall Street estimates and are on track to have the fastest rise to profitability of any biotech firm ever.

http://finance.yahoo.com/news/Vertex-Pharmaceuticals-wscheats-3718587781.html?x=0

[slagle2]

I wonder how many are taking the Victrelis?  I think it was approved one day before the Incivek was approved back during May.