That's the word from scientist friends I have inside the labs. I'm not sure if that will bump up the stock or bump it down. I don't care. I just have had a scientific relationship with this company for 15 years. used to own stock at $7 a long time ago. good luck. I am still finding jobs for scientists and salespeople that got laid off.
Leiden might be incompetent....but not that incompetent that he has to do another layoff already! Joking aside, the board Need to start asking tough questions. cf was in place long before he got there so he's riding those coat tails. His proclamations around flu, RA and HCV.....plus promised other therapies have gone nowhere. Also heard he is building an ivory tower in their new headquarters......vertex has lost it's humility. Spending like sailors in port while the ship sinks.
I do not know about the ivory tower. Maybe people in the know can comment. However, so far I am not very impressed with his performance at all. In a particular I think he erred greatly by allowing Alios go on with the 400mg of 135. Some may say that was Alios' s decision. I can not buy that. If VRTX was collaborating with Alios in that trial he should have set his foot down and not gone along allowing Alios to push the envelop to the extreme (400 mg)causing delays in the US trials.