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Vertex Pharmaceuticals creates medicines for serious genetic diseases, primarily cystic fibrosis. Their drugs help patients manage symptoms and improve lung function. The company makes money by selling these prescription medications to patients, hospitals, and healthcare providers through insurance reimbursements and direct sales.
The biotechnology industry focuses on developing treatments using biological processes. Companies in this space research and create medicines for diseases that often have few treatment options. Vertex operates in the rare disease segment, which typically involves specialized drugs for smaller patient populations.
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