Vertex
Invents medicines for serious illnesses, especially cystic fibrosis.
📖 Its story
In 1989, scientist Joshua Boger started Vertex with the idea of designing medicines using computers and chemistry. For years they researched nonstop, and sometimes it didn't work. In the end they made medicines that changed the lives of people with cystic fibrosis, an illness of the lungs.
💵 How it makes money
It sells special medicines to hospitals and patients, protected by patents.
🤯 Fun fact
In 2012, its medicine Kalydeco became the first to treat the cause of cystic fibrosis, not just the symptoms, in some patients.
👍 The good part
Its medicines help many people who used to have almost no treatment.
⚠️ The risk
It depends a lot on one kind of medicine, and patents don't last forever.
🧠 Did you get it?
What illness is Vertex best known for?
🗂️ Quick facts
- Founded in: 1989
- Founded by: Joshua Boger and Kevin Kinsella
- Home: Boston, Massachusetts, USA
🔎 How to find it on the stock market
- Search the internet for VRTX stock.
- You can also find it in your parents' investing app with the letters VRTX.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Vertex. Ask your mom or dad to join the list.
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