Vertex Pharmaceuticals, a biotechnology company, has announced that it intends to offer, subject to market and other conditions, 7 million shares of its common stock in an underwritten public offering under an automatically effective shelf registration statement on file with the Securities and Exchange Commission.
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Vertex intends to grant the underwriters an option to purchase up to an additional 1.05 million shares of its common stock.
Goldman, Sachs & Co is acting as the sole book-runner for the offering.
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