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THIRD QUARTER 2022 FINANCIAL RESULTS OCTOBER 27, 2022 ©2022 Vertex Pharmaceuticals Incorporated 1
©2022 Vertex Pharmaceuticals Incorporated 12AGENDA
Susie Lisa, CFA, Senior Vice President, Investor Relations
CEO Perspective and Pipeline Update
Reshma Kewalramani, M.D., Chief Executive Officer and President
Stuart Arbuckle, Executive Vice President and Chief Operating Officer
Charlie Wagner, Executive Vice President and Chief Financial Officer
©2022 Vertex Pharmaceuticals Incorporated3SAFE HARBOR STATEMENT & NON-GAAP FINANCIAL MEASURES
This presentation contains forward -looking statements as defined in the Private Securities Litigation Reform Act of 1995, as ame nded, including, without limitation, the information provided regarding future
financial performance and operations, fiscal year 2022 financial guidance, and statements regarding our ( i) expectations, development plans, anticipated timelines for and potential benefits of the company’s
products and product candidates, including study designs, clinical site initiations, patient enrollment, data availability, a nticipated regulatory filings, approvals, and timing thereof, (ii) outlook for sustained growth in
the number of CF patients treated with our products, including reaching more CF patients who can benefit from our marketed pr oducts, (iii) plans to treat additional CF patients with mRNA and views on treatable
patient population, expectations for a CFTR mRNA IND filing before the end of 2022 with clinical trials thereafter, (iv) expe ctations for our next -in-class, once -daily, oral triple regimen for CF patients, including
beliefs on enhanced patient benefit and development of Phase 3 trials and program expectations, (v) expectations for our exa -celprogram, including the continued potential for exa -celto be a curative approach for
patients with TDT and SCD and our views on treatable patient population, plans to initiate regulatory filings in the U.S. in November with completion expected in Q1 2023, and submit regulatory filings in Europe and
the U.K. before the end of 2022, as well as potential commercial opportunities and preparations, (vi) expectations regarding the potential benefits of our pain program, including the belief that VX -548 could reduce
in prevalence of opioids in the treatment of pain, the continued advancement of VX -548 into its Phase 3 trial in acute pain, com mercial opportunities, preparations, and market analysis for VX -548, and plans to
study VX -548 in a Phase 2 dose -ranging proof -of-concept study for neuropathic pain towards year -end 2022, as well as enrollment expectations in both studies, (vi) our plans regarding our pivotal program
underway for inaxaplin in AMKD, including enrollment expectations, and our beliefs regarding anticipated results of the study and the possibility fo r accelerated approval in the U.S., (vii) expectations for the
development of our T1D programs, including the potential benefits and safety of VX -880 and treatable patient population, plans t o continue to progress the Phase 1/2 program for VX- 880, and plans and
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