Arthrex, Inc.
$109.0M 49,842 recipients
Compare payment profiles
CMS Open Payments · Program Year 2024
Vertex Pharmaceuticals Incorporated
Vertex Pharmaceuticals Incorporated reported $109,567,648.79 across General Payments, Research, and Ownership to 10,996 physicians and teaching hospitals across 12,226 transactions.
- $109.6M
- All-tracks total
- 12,226
- Transactions
- 10,996
- Recipients
- +$3.5M
- General Payments vs PY2023
Vertex Pharmaceuticals Incorporated reported $109,567,648.79 across all CMS Open Payments tracks (General + Research + Ownership) to 10,996 physicians and teaching hospitals in Program Year 2024 - ranking #24 of 1,925 reporting manufacturers (0.8% of the all-tracks industry total); General Payments alone were $6,917,966.99, averaging $10.0K per recipient.
Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.
CMS Sunshine Act warrant
Manufacturer vertex-pharmaceuticals-incorporated Vertex Pharmaceuticals Incorporated
$109.6M · #24/1,925 · 0.8% industry · PY2024
- TOT $109.6M
- RANK #24
- SHARE 0.8%
- TXN 12,226
- RCP 10,996
- CAT 10
- GEN $6.9M
- ΔGEN +$3.5M
- TOP1 36.2%
- PY 2024
Volume peers
Nearest volume peer: Arthrex, Inc. ($109.0M)
Vertex Pharmaceuticals Incorporated sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →
Release-over-release change
General Payments changed from PY2023 to PY2024
Vertex Pharmaceuticals Incorporated's CMS-reported General Payments increased by $3.5M (+100.4%) from PY2023 to PY2024.
How this year-over-year comparison is scoped
The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.
CMS source labels for this exact identifier: PY2022: VERTEX PHARMACEUTICALS INCORPORATEDPY2023: VERTEX PHARMACEUTICALS INCORPORATEDPY2024: VERTEX PHARMACEUTICALS INCORPORATED. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.
Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.
General Payments: PY2023 vs PY2024
Annual CMS-reported totals for this company, not an all-category Open Payments total
- PY2023
- $3,451,396.22
- PY2024
- $6,917,966.99
What the Data Shows for Vertex Pharmaceuticals Incorporated
In Program Year 2024, Vertex Pharmaceuticals Incorporated reported $109,567,648.79 in payments to 10,996 physicians and teaching hospitals across 12,226 individual transactions, an average of $9.0K per transaction and $10.0K per recipient. That total places Vertex Pharmaceuticals Incorporated at rank #24 out of 1,925 companies in the CMS Open Payments database, representing 0.8% of all industry payments reported nationwide for the year.
The 10-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Consulting Fee" at $5.8M, accounting for 83.9% of this company's General Payments and 693 transactions.
General Payment Breakdown by Type
Across 10 types of general payments, Vertex Pharmaceuticals Incorporated's largest category was "Consulting Fee" at $5.8M - 83.9% of General Payments.
Vertex Pharmaceuticals Incorporated reports 10 general-payment categories - the top three are Consulting Fee (83.9%), Grant (4.8%), and Travel and Lodging (4.7%). The remaining 7 categories make up 6.6% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
Category breadth matters here: Vertex Pharmaceuticals Incorporated files across 10 named CMS general-payment types in Program Year 2024, versus manufacturers that report a single dominant category. The chart and table below enumerate every type with an amount above zero for this company.
How Vertex Pharmaceuticals Incorporated divides its payments
Ranked by total dollars reported per category
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Consulting Fee | $5.8M | 693 | 83.9% |
| Grant | $334.8K | 7 | 4.8% |
| Travel and Lodging | $324.0K | 531 | 4.7% |
| Food and Beverage | $257.9K | 9,689 | 3.7% |
| Compensation for Services Other Than Consulting | $127.1K | 43 | 1.8% |
| Space Rental or Facility Fees | $55.0K | 19 | 0.8% |
| Royalty or License | $12.1K | 4 | 0.2% |
| Gift | $1.9K | 6 | 0.0% |
| Entertainment | $517.19 | 1 | 0.0% |
| Education | $137.63 | 3 | 0.0% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $4,043,205.82 (58.4%) of $6,917,966.99 in this company's General Payments records across 8,383 recipients.
General Payments scope note
Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.
Largest General-Payment relationships for Vertex Pharmaceuticals Incorporated
The five named recipients with the highest reported General Payments from this company
- 1
Stanford Peng
$2,503,163.26 across 62 reported transactions
- 2
Jennifer Schneider
$555,856.76 across 88 reported transactions
- 3
Alan Garber
$531,230.29 across 70 reported transactions
- 4
Jason Gaglia
$281,750.00 across 10 reported transactions
- 5
Leslie Kean
$171,205.51 across 15 reported transactions
Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.
Similarly Concentrated Companies
Companies whose General Payments are spread across recipients about as (un)evenly as Vertex Pharmaceuticals Incorporated's, measured by the same HHI concentration index above, not by payment size.
What HHI 2,500 means here
2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Vertex Pharmaceuticals Incorporated.
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with Vertex Pharmaceuticals Incorporated.
Showing 6 of 1,924 companies with CMS-reported payment data.
Trimed, Inc.
$111.0M 2,318 recipients
Compare payment profiles
Edge Endo LLC
$113.4M 40 recipients
Compare payment profiles
Sanofi US Services Inc.
$114.0M 478 recipients
Compare payment profiles
DePuy Synthes Products, Inc.
$101.4M 2,547 recipients
Compare payment profiles
Boston Scientific Corporation
$99.8M 271,484 recipients
Compare payment profiles
Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
Disclaimer
This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-26.