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VERTEX PHARMACEUTICALS INC MA

For the period ended Jun 30, 2024. Filed Aug 2, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 2, 2024

VRTX$550.87+0.7%Stored close · as of Nov 9, 2026

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Table of Contents

FORM 10-Q

FOR THE QUARTER ENDED JUNE 30, 2024

TABLE OF CONTENTS

Page
Part I. Financial Information
Item 1.Financial Statements2
Condensed Consolidated Financial Statements (unaudited)2
Condensed Consolidated Statements of Income - Three and Six Months Ended June 30, 2024 and 20232
Condensed Consolidated Statements of Comprehensive Income - Three and Six Months Ended June 30, 2024 and 20233
Condensed Consolidated Balance Sheets - June 30, 2024 and December 31, 20234
Condensed Consolidated Statements of Shareholders' Equity - Three and Six Months Ended June 30, 2024 and 20235
Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2024 and 20236
Notes to Condensed Consolidated Financial Statements8
Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations23
Item 3.Quantitative and Qualitative Disclosures About Market Risk36
Item 4.Controls and Procedures36
Part II. Other Information
Item 1.Legal Proceedings36
Item 1A.Risk Factors36
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds38
Item 5.Other Information38
Item 6.Exhibits39
Signatures40

“Vertex,” “we,” “us,” and “our” as used in this Quarterly Report on Form 10-Q refer to Vertex Pharmaceuticals Incorporated, a Massachusetts corporation, and its subsidiaries.

“Vertex®,” “KALYDECO®,” “ORKAMBI®,” “SYMDEKO®,” “SYMKEVI®,” “TRIKAFTA®,” “KAFTRIO®,” and CASGEVY™” are registered trademarks of Vertex. Other brands, names and trademarks contained in this Quarterly Report on Form 10-Q are the property of their respective owners.

We use the brand name for our products when we refer to the product that has been approved and with respect to the indications on the approved label. Otherwise, including in discussions of our development programs, we refer to our compounds and therapies by their scientific (or generic) name or VX developmental designation.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.