Tuesday, July 24, 2007

UPDATE 1-Vertex 2nd-quarter loss wider than expected

(Reuters) - The Cambridge, Massachusetts-based biotechnology company
posted a net loss of $117.8 million, or 91 cents per share,
compared with a loss of $77.7 million, or 72 cents per share, a
year ago.




Excluding items, Vertex lost 74 cents per share, 5 cents
more than analysts' average expectations, according to Reuters
Estimates.


Read more at Reuters.com Market News

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