Vertex Pharmaceuticals Announces CASGEVY Clinical Data in Children Aged 5-11 Years
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: 1 hour ago
0mins
Source: Newsfilter
- Pediatric Clinical Data Release: Vertex presented the first clinical data for CASGEVY in children aged 5-11 years at the American Society of Hematology Annual Meeting, showing that all four treated patients remained free from vaso-occlusive crises for at least 12 months, indicating the therapy's efficacy and safety in younger patients.
- Transformative Potential Demonstrated: Among 13 children with transfusion-dependent beta thalassemia treated with CASGEVY, all six patients with sufficient follow-up achieved transfusion independence for at least 12 months while maintaining an average hemoglobin level above 9 g/dL, showcasing the therapy's long-term benefits.
- Global Regulatory Filing Plans: Vertex expects to initiate global regulatory submissions for children aged 5-11 in the first half of 2026, leveraging the recently obtained Priority Review Voucher to expedite the approval process and aiming to bring this potentially transformative therapy to market as soon as possible.
- Long-Term Data Support: In patients aged 12 and older, long-term data for CASGEVY indicate that 100% achieved freedom from vaso-occlusive crises within 12 months, with an average crisis-free duration of 35.3 months, further solidifying the therapy's clinical value and market potential.
VRTX.O$0.0000%Past 6 months

No Data
Analyst Views on VRTX
Wall Street analysts forecast VRTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VRTX is 482.53 USD with a low forecast of 401.00 USD and a high forecast of 575.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast VRTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VRTX is 482.53 USD with a low forecast of 401.00 USD and a high forecast of 575.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 457.360

Current: 457.360

Overweight
maintain
$516 -> $564
Reason
Morgan Stanley raised the firm's price target on Vertex Pharmaceuticals to $564 from $516 and keeps an Overweight rating on the shares after having hosted a lab tour and analyst meeting with the company's CEO and kidney disease program leads. The firm refreshed its model following the recent pricing disclosure for Otsuka's Voyxact as it raises its annual WAC price estimate for pipeline drugs Pove to $390,000 from $250,000.
Morgan Stanley
Terence Flynn
Equal Weight -> Overweight
upgrade
$438 -> $516
Reason
Morgan Stanley
Terence Flynn
Equal Weight -> Overweight
Reason
Morgan Stanley analyst Terence Flynn upgraded Vertex Pharmaceuticals to Overweight from Equal Weight with a price target of $516, up from $438. The firm is taking a more positive stance on the company's kidney franchise pipeline, including Pove and Inaxaplin. If the drugs are successful in Phase 3, with key data coming in 2026, they will accelerate Vertex's earnings and revenue growth and drive diversification away from cystic fibrosis, the analyst tells investors in a research note.
NULL -> Outperform
initiated
$495
Reason
Scotiabank initiated coverage of Vertex Pharmaceuticals with an Outperform rating and $495 price target.
downgrade
$553 -> $546
Reason
UBS lowered the firm's price target on Vertex Pharmaceuticals to $546 from $553 and keeps a Buy rating on the shares.
About VRTX
Vertex Pharmaceuticals Incorporated is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases, with a focus on specialty markets. It has seven approved medicines: five that treat the underlying cause of cystic fibrosis (CF), one that treats severe sickle cell disease (SCD) and transfusion dependent beta thalassemia (TDT), and one that treats moderate-to-severe acute pain. Its pipeline includes clinical-stage programs in CF, SCD, beta thalassemia, acute and peripheral neuropathic pain, APOL1-mediated kidney disease, IgA nephropathy and other autoimmune renal diseases and cytopenias, type 1 diabetes, myotonic dystrophy type 1, and autosomal dominant polycystic kidney disease. Its marketed medicines are TRIKAFTA/KAFTRIO (elexacaftor/tezacaftor/ivacaftor and ivacaftor), SYMDEKO/SYMKEVI (elexacaftor/tezacaftor/ivacaftor and ivacaftor), ORKAMBI (lumacaftor/ivacaftor), and KALYDECO (ivacaftor).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.