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Vertex Pharmaceuticals Incorporated Message Board

  • swhitemd50 swhitemd50 Oct 27, 2011 11:00 PM Flag

    Best launch of all time

    Incivek had sales of nearly $420 million, putting it on track to reach $1 billion in sales faster than any previous new drug.

    "It looks like it's the best launch of all time in the history of biotech and pharma," said ISI Group analyst Mark Schoenebaum.

    Earnings per share four times what analysts estimated (0.70 vs. 0.17)

    Revenue estimate of about $340 million beaten by more than $100 million.

    Strong pipeline of new drug candidates in trials and no competition for Incivek for years.

    Hard to believe this stock is selling for a single digit forward PE ratio.

 
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