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Zacks News
The company’s main area of focus is cystic fibrosis (CF). The company’s lead marketed products are Trikafta (elexacaftor/tezacaftor/ivacaftor and ivacaftor), Symdeko/Symkevi (tezacaftor in combination with ivacaftor), Orkambi (lumacaftor in combination with ivacaftor) and Kalydeco (ivacaftor), which are collectively approved to treat the majority of the people with CF in North America, Europe and Australia. Trikafta, Vertex’s triple combination regimen, was approved by the FDA in October 2019 for the treatment of CF in people aged 12 years and older who have at least one F508del mutation. Kaftrio (brand name of Trikafta in EU) was approved in the European Union in August 2020. It is also being evaluated in younger patients in the United States. With approval of Trikafta, Vertex can address a significantly larger CF patient population — almost 90% of patients with CF — in the future. Meanwhile, Vertex is pursuing genetic therapies to address the remaining 10% of CF patients. While CF remains the main area of focus, Vertex is also developing treatments for sickle cell disease, thalassemia and pain management.
4 Top Biotech Stocks to Gain Amid Industry Challenges
by Ekta Bagri
New drug approvals and development of treatments for COVID-19 should maintain momentum for the Zacks Biomedical and Genetics industry. A strong portfolio and pipeline progress position VRTX, REGN, DVAX and RGEN well amid the volatility.
5 Stocks With Recent Price Strength Amid Wall Street Turmoil
by Nalak Das
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are DAC, ESTE, HAFC, ADM and VRTX.
Top Stock Picks for Week of January 31, 2022
by Panel Of Zacks Experts
A Biomed Stock Well Positioned for Outperformance and a Building Materials Company Befitting From a Robust Demand Environment.
Dr. Reddy's (RDY) Q3 Earnings, Sales Increase Year Over Year
by Zacks Equity Research
Dr. Reddy's (RDY) earnings and revenues increase year over year in third-quarter fiscal 2022.
Regeneron (REGN) Withdraws sBLA for Libtayo in Cervical Cancer
by Zacks Equity Research
Regeneron (REGN) and partner Sanofi voluntarily withdraw the supplemental biologics license application for Libtayo in second-line treatment of advanced cervical cancer.
Looking for a Growth Stock? 3 Reasons Why Vertex (VRTX) is a Solid Choice
by Zacks Equity Research
Vertex (VRTX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Biotech Stock Roundup: VRTX Q4 Earnings, GILD, INCYs Regulatory Updates & More
by Zacks Equity Research
Earnings updates from Vertex (VRTX) and pipeline updates are among a few key highlights from the biotech sector during the past week.
Vertex (VRTX) Q4 Earnings & Sales Beat, '22 View Upbeat
by Zacks Equity Research
Vertex Pharmaceuticals' (VRTX) earnings and sales surpass estimates for the fourth quarter of 2021. The company provides its revenue guidance for 2022.
Vertex Pharmaceuticals (VRTX) Surpasses Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Vertex (VRTX) delivered earnings and revenue surprises of 2.74% and 4.01%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
The Zacks Analyst Blog Highlights: Vertex Pharmaceuticals Inc., Marten Transport, Nucor, Seagate Technology and Sanderson Farms
by Zacks Equity Research
Vertex Pharmaceuticals Inc., Marten Transport, Nucor, Seagate Technology and Sanderson Farms are included in this blog.
5 Buy-Ranked Stocks Likely to Beat on Earnings This Week
by Sejuti Banerjea
The Zacks Rank and ESP are still a solid combination to predict earnings beats.
The Zacks Analyst Blog Highlights: Tesla Inc., Steel Dynamics Inc., United Rentals Inc., Freeport-McMoRan Inc. and Vertex Pharmaceuticals Inc.
by Zacks Equity Research
Tesla Inc., Steel Dynamics Inc., United Rentals Inc., Freeport-McMoRan Inc. and Vertex Pharmaceuticals Inc. are included in this blog.
Should You Buy Vertex Pharmaceuticals (VRTX) Ahead of Earnings?
by Zacks Equity Research
Vertex Pharmaceuticals (VRTX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Vertex (VRTX) to Report Q4 Earnings: What's in the Cards?
by Zacks Equity Research
Investors are likely to focus on Vertex Pharmaceuticals' (VRTX) CF product revenues, especially sales of its triple combo CF drug Trikafta/Kaftrio, and non-CF pipeline progress.
AbbVie's (ABBV) Skyrizi Gets FDA Nod for Psoriatic Arthritis
by Zacks Equity Research
AbbVie (ABBV) secures approval in the United States for Skyrizi to treat adult patients with active psoriatic arthritis.
Will Lower Aggregate Revenues Hurt Intel's (INTC) Q4 Earnings?
by Zacks Equity Research
Intel's (INTC) performance in fourth-quarter 2021 is likely to reflect headwinds in the enterprise business of the data center segment.
Silicon Motion (SIMO) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
Silicon Motion's (SIMO) performance in the fourth quarter of 2021 is likely to have benefited from increased sales of SSD and eMMC and UFS controllers.
PTC Gearing Up for Q1 Earnings: What is in the Offing?
by Zacks Equity Research
PTC is likely to have reported higher year-over-year revenues in first-quarter fiscal 2022, driven by significant growth across all product segments and regions.
Vertex Pharmaceuticals (VRTX) Stock Moves -0.23%: What You Should Know
by Zacks Equity Research
In the latest trading session, Vertex Pharmaceuticals (VRTX) closed at $228.08, marking a -0.23% move from the previous day.
Will Higher Revenues Drive Corning's (GLW) Q4 Earnings?
by Zacks Equity Research
Corning's (GLW) performance in the fourth quarter of 2021 is likely to have been primarily driven by growth in the Optical Communications business.
6 Must-Buy Large-Cap Stocks Ahead of Q4 Earnings Next Week
by Nalak Das
Six large-cap companies will report earnings next week. These are: TSLA, URI, FCX, VRTX, STLD and BRO.
Will Vertex (VRTX) Beat Estimates Again in Its Next Earnings Report?
by Zacks Equity Research
Vertex (VRTX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
4 Stocks With Impressive Interest Coverage Ratio to Invest In
by Sumit Singh
A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Companies such as ArcBest (ARCB), Advanced Micro Devices (AMD), AGCO Corporation (AGCO) and Vertex (VRTX) are sound enough to meet financial obligations.
4 Reasons to Buy Vertex Pharmaceuticals (VRTX) Stock in 2022
by Zacks Equity Research
New reimbursement agreements in ex-U.S. markets and label expansions to younger age groups are driving sales of Vertex's (VRTX) triple therapy cystic fibrosis drug, Trikafta/Kaftrio higher.
Will Lower Aggregate Revenues Hurt Verizon's (VZ) Q4 Earnings?
by Zacks Equity Research
Verizon's (VZ) performance in the fourth quarter of 2021 is expected to have been affected by the sale of the Verizon Media unit.