Vertex Pharmaceuticals Inc. (VRTX) has disclosed a new risk, in the Innovation / R&D category.
Vertex Pharmaceuticals Inc. faces significant risks regarding its acquisition of Alpine, as the ability to successfully integrate and develop Alpine’s pipeline products is crucial for realizing the intended value of the acquisition. The challenges of making Alpine’s business profitable, retaining key employees, and achieving anticipated cost savings or synergies could jeopardize Vertex’s financial condition and business operations if not effectively managed.
The average VRTX stock price target is $513.14, implying 3.95% upside potential.
To learn more about Vertex Pharmaceuticals Inc.’s risk factors, click here.