Vertex Pharmaceuticals Incorporated Reports First Quarter 2007 Financial Results

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the quarter ended March 31, 2007. “In 2007, a major goal for Vertex is to build the product profile of the investigational hepatitis C protease inhibitor telaprevir,” stated Joshua Boger, Ph.D., President and Chief Executive Officer of Vertex Pharmaceuticals. “The presentation of the interim data from the PROVE 1 clinical trial, and the start of the PROVE 3 clinical trial evaluating telaprevir in HCV patients who failed prior treatment with an interferon, represent key progress toward this goal this year. We expect that additional data gathered from the PROVE clinical program in the coming months will inform the design of our Phase 3 program.”

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