 Cambridge, 
                  Mass. -- October 25, 2010 -- Vertex Pharmaceuticals Incorporated 
                  (Nasdaq: VRTX) today announced the initiation of a Phase 3b 
                  study called OPTIMIZE that will evaluate twice-daily (BID) dosing 
                  of a telaprevir-based combination regimen in people chronically 
                  infected with genotype 1 hepatitis C virus (HCV) who have not 
                  been treated previously. This is the first Phase 3 study to 
                  evaluate twice-daily dosing of a protease inhibitor for the 
                  treatment of hepatitis C. OPTIMIZE will not include a control 
                  arm of pegylated-interferon and ribavirin alone.
Cambridge, 
                  Mass. -- October 25, 2010 -- Vertex Pharmaceuticals Incorporated 
                  (Nasdaq: VRTX) today announced the initiation of a Phase 3b 
                  study called OPTIMIZE that will evaluate twice-daily (BID) dosing 
                  of a telaprevir-based combination regimen in people chronically 
                  infected with genotype 1 hepatitis C virus (HCV) who have not 
                  been treated previously. This is the first Phase 3 study to 
                  evaluate twice-daily dosing of a protease inhibitor for the 
                  treatment of hepatitis C. OPTIMIZE will not include a control 
                  arm of pegylated-interferon and ribavirin alone. 
                  
                  "The sustained viral response rates, or viral cures, seen 
                  across a broad range of people in the Phase 3 studies of telaprevir 
                  set a high bar in the development of treatments for hepatitis 
                  C, and we are committed to studying new ways to further improve 
                  treatment," said Robert Kauffman, MD, PhD, Senior Vice 
                  President and Chief Medical Officer for Vertex. "High viral 
                  cure rates were demonstrated in the Phase 2 study of twice-daily 
                  telaprevir and we're looking forward to conducting a larger 
                  study to confirm these findings." 
                  
                  The OPTIMIZE study will be conducted by Vertex's collaborator, 
                  Tibotec. 
                  
                  OPTIMIZE 
                  Study Design 
                  
                  In Vertex's recently completed Phase 3 registration program, 
                  patients who received telaprevir in combination with pegylated-interferon 
                  and ribavirin took telaprevir three times daily (750 mg; every 
                  eight hours). OPTIMIZE is a randomized, open-label, Phase 3b 
                  study that will evaluate twice-daily dosing (BID) of telaprevir 
                  in people chronically infected with genotype 1 HCV who have 
                  not been treated previously. The study will be conducted globally 
                  at 135 clinical trial sites and enroll approximately 700 people. 
                  Patient screening for enrollment in the OPTIMIZE study is expected 
                  to start in November 2010. 
                  
                  For the first 12 weeks of the study, all patients will receive 
                  2,250 mg of telaprevir taken twice daily (1,125 mg; BID) or 
                  three times daily (750 mg; every eight hours) in combination 
                  with pegylated-interferon alpha-2a (Pegasys) and twice-daily 
                  ribavirin. Response guided therapy will be used to determine 
                  whether patients receive pegylated-interferon and ribavirin 
                  alone for an additional 12 weeks (24 weeks total) or 36 weeks 
                  (48 weeks total) based on their treatment response at week 4. 
                  The primary endpoint of the OPTIMIZE study is sustained viral 
                  response (SVR) 24 weeks after the end of all treatment. The 
                  primary objective is to demonstrate non-inferiority of BID telaprevir 
                  versus telaprevir dosed every eight hours as measured by SVR. 
                  
                  
                  SVR data from the study are expected as early as 2012. If these 
                  data are positive, they may support the submission of a supplemental 
                  New Drug Application (sNDA) for twice-daily (BID) dosing of 
                  telaprevir. 
                  
                  Phase 
                  2 C208 study 
                  
                  Study C208 was an exploratory, four-arm, randomized, open label, 
                  Phase 2 clinical trial that was conducted by Tibotec in Europe 
                  in 161 treatment-naive patients with genotype 1 HCV infection. 
                  The objective of Study C208 was to explore the safety, efficacy, 
                  tolerability and pharmacokinetics of telaprevir administered 
                  every 12 hours (1,125 mg) or every eight hours (750 mg). Each 
                  dosing regimen of telaprevir was studied in combination with 
                  either Pegasys or PegIntron and ribavirin, the currently approved 
                  therapies for chronic HCV infection. 
                  
                  Across the four arms, SVR rates were 82% and 83% in patients 
                  treated with telaprevir-based regimens every 12 hours (PegIntron 
                  and Pegasys, respectively) and 81% and 85% in patients treated 
                  with the every 8-hour regimen (PegIntron and Pegasys, respectively). 
                  The primary endpoint was SVR, and data from this study were 
                  presented at the 2009 annual meeting of the American Association 
                  for the Study of Liver Diseases (AASLD). The Phase 2 C208 data 
                  supported the initiation of the Phase 3b OPTIMIZE study. 
                  
                  In the C208 study, the frequency and severity of adverse events 
                  (AEs) and the rate of treatment discontinuations were similar 
                  to those reported in prior telaprevir trials. The rates of viral 
                  breakthrough were similar to the every 8- and every 12-hour 
                  regimens. The most common adverse events reported in patients 
                  in Study C208 were pruritis, nausea, rash, anemia, flu-like 
                  illness, fatigue and headache, and were similar overall between 
                  the patient groups receiving every 8-hour dosing and those receiving 
                  every 12-hour dosing. 
                  
                  Updates on the status of clinical trials of telaprevir are available 
                  online at www.clinicaltrials.gov. 
                  
                  
                  About 
                  the Telaprevir Development Program 
                  
                  
                  To date, more than 2,500 people with hepatitis C have received 
                  telaprevir-based therapy as part of Phase 2 studies and the 
                  Phase 3 ADVANCE, ILLUMINATE, and REALIZE studies. Together, 
                  these studies enrolled people with genotype 1 hepatitis C who 
                  had not been treated for their disease previously (ADVANCE and 
                  ILLUMINATE) as well as people who had been treated before but 
                  did not achieve a viral cure (REALIZE). A fact sheet on the 
                  Phase 3 Telaprevir Development Program is available at www.vrtx.com/aasld2010.html. 
                  
                  
                  Phase 3 ADVANCE 
                  Trial 
                  
                  The pivotal Phase 3 ADVANCE study evaluated telaprevir-based 
                  response-guided regimens in 1,095 treatment-naive patients. 
                  The primary endpoint of ADVANCE was SVR, defined as the proportion 
                  of people who had undetectable HCV RNA both at the end of treatment 
                  and 24 weeks after the end of treatment. The secondary endpoint 
                  was to evaluate the safety of telaprevir when dosed in combination 
                  with pegylated-interferon and ribavirin. As part of a response-guided 
                  design, people in the telaprevir-based treatment arms who had 
                  undetectable HCV RNA (< 25 IU/mL, and undetectable by Roche 
                  COBAS Taqman HCV test) at weeks 4 and 12 of treatment were eligible 
                  to receive a total of 24 weeks of therapy. Patients who did 
                  not meet the response-guided criterion but were undetectable 
                  at week 24, received 48 weeks of total therapy. 
                  
                  Phase 3 ILLUMINATE Trial 
                  
                  The ILLUMINATE trial was a supplemental, open-label, Phase 3 
                  study designed to evaluate whether there was any benefit in 
                  extending therapy from 24 to 48 weeks in people whose hepatitis 
                  C was undetectable (< 25 IU/mL undetectable) at weeks 4 and 
                  12 of therapy. The primary endpoint of the study was the proportion 
                  of people who achieved SVR in the randomized treatment groups, 
                  and evaluated by a non-inferiority analysis. 
                  
                  Phase 3 REALIZE 
                  Trial 
                  
                  REALIZE was the second Phase 3 pivotal trial designed to evaluate 
                  telaprevir-based regimens in people who had received pegylated-interferon 
                  based therapy but did not achieve a cure. REALIZE was the only 
                  Phase 3 clinical trial to date of an investigational direct-acting 
                  antiviral (DAA) to include all major subgroups of difficult-to-treat 
                  patients including null responders, defined as people who had 
                  a less than 2 log10 reduction in viral load by week 12 of a 
                  prior course of therapy. 
                  
                  Vertex retains commercial rights to telaprevir in North America. 
                  Tibotec has rights to commercialize telaprevir in Europe, South 
                  America, Australia, the Middle East and certain other countries. 
                  Mitsubishi Tanabe Pharma has rights to commercialize telaprevir 
                  in Japan and certain Far East countries. 
                  
                  About 
                  Vertex 
                  
                  Vertex Pharmaceuticals Incorporated is a global biotechnology 
                  company committed to the discovery and development of breakthrough 
                  small molecule drugs for serious diseases. The company's strategy 
                  is to commercialize its products both independently and in collaboration 
                  with major pharmaceutical companies. Vertex's product pipeline 
                  is focused on viral diseases, cystic fibrosis, inflammation, 
                  autoimmune diseases, epilepsy, cancer and pain. 
                  
                  10/29/10
                Source
                  Vertex Pharmaceuticals. Vertex Pharmaceuticals Announces Start 
                  of a Phase 3b Study of Twice-Daily Telaprevir in People Not 
                  Treated Previously for Hepatitis C. Press release. October 25, 
                  2010.