Vertex Pharmaceuticals Sees Sales of Cystic Fibrosis Drug Lower Than Expected

Vertex Pharmaceuticals provided new financial guidance for 2017 on Sunday.
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Vertex Pharmaceuticals (VRTX) - Get Report  predicts sales of the cystic fibrosis drug Orkambi in the range of $1.1 billion to $1.3 billion, which is lower than initially expected. The Orkambi guidance also reflects uncertainty over the timing of European reimbursements.

This article was written by a staff member of TheStreet.