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Vertex(VRTX) - 2024 Q1 - Quarterly Results
VRTXVertex(VRTX)2024-05-06 20:03

Vertex Reports First Quarter 2024 Financial Results First Quarter 2024 Results Product revenue increased 13% to 2.69billioncomparedtothefirstquarterof2023,primarilydriveninex−U.S.marketsbythecontinuedstronguptakeofTRIKAFTA/KAFTRIO,includinglabelextensionsinyoungeragegroups,andintheU.S.bythecontinuedperformanceofTRIKAFTA,includingtheuptakeinchildrenwithCF2to5yearsofage.Netproductrevenueinthefirstquarterof2024increased82.69 billion compared to the first quarter of 2023, primarily driven in ex- U.S. markets by the continued strong uptake of TRIKAFTA /KAFTRIO , including label extensions in younger age groups, and in the U.S. by the continued performance of TRIKAFTA, including the uptake in children with CF 2 to 5 years of age. Net product revenue in the first quarter of 2024 increased 8% to 1.52 billion in the ...