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Shareholder Class Action Filed Against Vertex Pharmaceuticals Incorporated by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP
Date:4/18/2008

RADNOR, Pa., April 18 /PRNewswire/ -- The following statement was issued today by the law firm of Schiffrin Barroway Topaz & Kessler, LLP:

Notice is hereby given that a class action lawsuit was filed in the United States District Court for the District of Massachusetts on behalf of all purchasers of securities of Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) ("Vertex" or the "Company") from June 12, 2007 through November 2, 2007, inclusive (the "Class Period").

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Schiffrin Barroway Topaz & Kessler, LLP (Darren J. Check, Esq. or Richard A. Maniskas, Esq.) toll free at 1-888-299-7706 or 1-610-667-7706, or via e-mail at info@sbtklaw.com.

The Complaint charges Vertex and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Vertex is a biotechnology company committed to the discovery and development of breakthrough small molecule drugs for serious diseases. More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that its new hepatitis C drug, telaprevir's, (or VX-950) results rivaled the findings on a similar Vertex drug; (2) that patients taking VX-950 only experienced a 6% advantage as compared to 16% in the previous study; and (3) that, as a result of the foregoing, the Company's statements about its financial well-being and future business prospects were lacking in any reasonable basis when made.

On November 2, 2007, the Company shocked
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SOURCE Schiffrin Barroway Topaz & Kessler, LLP
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