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Vertex Announces Broad Reimbursement Agreement With NHS England for ALYFTREK® (Deutivacaftor/Tezacaftor/Vanzacaftor) an Innovative Once-Daily CFTR Modulator for the Treatment of Cystic Fibrosis

1. Vertex secures NHS reimbursement for ALYFTREK, enhancing market access. 2. NICE recommends ALYFTREK, boosting sentiment for Vertex's cystic fibrosis treatment.

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FAQ

Why Bullish?

The reimbursement and positive NICE recommendation suggest increased sales potential, similar to past CF drug approvals that drove stock prices higher.

How important is it?

This agreement significantly enhances market presence in the UK, likely affecting quarterly earnings.

Why Short Term?

Immediate reimbursement impacts sales forecasts, likely resulting in financial performance improvements in upcoming quarters.

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LONDON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) announced today that it has reached a broad reimbursement agreement with NHS England for Vertex's cystic fibrosis (CF) medicine ALYFTREK® (deutivacaftor/tezacaftor/vanzacaftor). This agreement comes as the National Institute for Health and Care Excellence (NICE) has issued a positive final draft recommendation for this medicine. This next-in-class triple combination treatment is licensed for people living with CF aged 6.

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