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Vertex CEO Defends Salary After Company Is Slammed For Orkambi Pricing At UK Hearing

 
• By Francesca Bruce

Vertex CEO Jeff Leiden has defended his company’s approach to pricing, as well as his $17m salary, at a heated UK public hearing on access to cystic fibrosis drug Orkambi.

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Vertex CEO Defends Cystic Fibrosis Drug Pricing Strategy

Under fire at a UK public hearing last week, Jeffrey Leiden, CEO of Vertex Pharmaceuticals Inc., tried to justify the company’s contentious approach to pricing its cystic fibrosis drug Orkambi (ivacaftor/lumacaftor) in England. He also defended his $17m salary and the company’s UK tax record.

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