David  Altshuler net worth and biography

David Altshuler Biography and Net Worth

David Altshuler, M.D, Ph.D., is Executive Vice President, Global Research and Chief Scientific Officer at Vertex Pharmaceuticals. In this role, Dr. Altshuler leads Vertex internal and external innovation, inclusive of research, preclinical and pharmaceutical sciences, as well as corporate data strategy, technology, and engineering. He was founding chair of the Vertex Foundation, and serves as executive sponsor for Vertex University and STEAM Education.

Since Dr. Altshuler joined Vertex as Chief Scientific Officer in 2015, the company has made significant progress to bring new medicines to patients living with cystic fibrosis and other serious diseases, including the approval of ORKAMBI® (lumacaftor/ivacaftor) and SYMDEKO/SYMKEVI® (tezacaftor/ivacaftor), and the discovery, development and launch of TRIKAFTA® (elexacaftor/tezacaftor/ivacaftor). Dr. Altshuler implemented Vertex’s research strategy and is responsible for shaping the company’s research pipeline for diseases such as cystic fibrosis, alpha-1 antitrypsin deficiency, APOL1-mediated kidney diseases, pain, sickle cell disease, beta thalassemia, Duchenne muscular dystrophy and type 1 diabetes.  Before joining Vertex as Chief Scientific Officer, he was a member of the company’s board of directors from 2012 to 2014.

Prior to Vertex, Dr. Altshuler was a Founding Core Member, Deputy Director and Chief Academic Officer at the Broad Institute of Harvard and MIT. He was professor of Genetics and Medicine at Harvard Medical School, Adjunct Professor of Biology at MIT and a physician at Massachusetts General Hospital (MGH).  His academic laboratory led the three major projects that characterized and catalogued human genetic variation — the SNP Consortium, HapMap and 1,000 Genome Projects — and pioneered the methods and practice of genetic analysis of common human diseases. His lab discovered hundreds of gene variants associated with diabetes, cardiovascular and autoimmune diseases and cancer. He continues to teach students as a Senior Lecturer in Genetics and Medicine at MGH and Harvard.

Dr. Altshuler chairs the Scientific Advisory Board of the Wellcome Trust Sanger Institute and the MGH Research Institute Advisory Council.  He serves on the Visiting Committee of the MIT Department of Biology, the Scientific Advisory Board of MGH, and reviews for the Howard Hughes Medical Institute.  He is a member of the Board of Directors of Genomics PLC and Arbor Biotechnologies and serves on the Board of Trustees of the Museum of Science and the Becket Chimney Corners YMCA.  He is a Fellow of the American Academy of Arts and Sciences and an elected member of the National Academy of Medicine, the American Society of Clinical Investigation and the American Association of Physicians.  He has received numerous awards including the Curt Stern Award of the American Society of Human Genetics and the Outstanding Scientific Research Award of the American Diabetes Association. The Obama White House named Dr. Altshuler a Champion of Change for his leadership in creating and leading the Global Alliance for Genomic and Health. In 2021, he was named one of the Top 20 Most Influential R&D Executives in drug development by Endpoints News.

Dr. Altshuler received his bachelor’s degree in Life Science from MIT and his M.D. and Ph.D. in Genetics from Harvard Medical School. He did clinical training at Massachusetts General Hospital in Internal Medicine and in Endocrinology, Diabetes and Metabolism.

What is David Altshuler's net worth?

The estimated net worth of David Altshuler is at least $12.97 million as of August 9th, 2023. Dr. Altshuler owns 32,038 shares of Vertex Pharmaceuticals stock worth more than $12,972,507 as of April 23rd. This net worth estimate does not reflect any other assets that Dr. Altshuler may own. Additionally, Dr. Altshuler receives an annual salary of $2,030,000.00 as EVP at Vertex Pharmaceuticals. Learn More about David Altshuler's net worth.

How old is David Altshuler?

Dr. Altshuler is currently 59 years old. There are 6 older executives and no younger executives at Vertex Pharmaceuticals. The oldest executive at Vertex Pharmaceuticals is Dr. Jeffrey Marc Leiden M.D., Ph.D., Executive Chairman, who is 68 years old. Learn More on David Altshuler's age.

What is David Altshuler's salary?

As the EVP of Vertex Pharmaceuticals Incorporated, Dr. Altshuler earns $2,030,000.00 per year. There are 3 executives that earn more than Dr. Altshuler. The highest earning executive at Vertex Pharmaceuticals is Dr. Reshma Kewalramani FASN, M.D., CEO, President & Director, who commands a salary of $5,220,000.00 per year. Learn More on David Altshuler's salary.

How do I contact David Altshuler?

The corporate mailing address for Dr. Altshuler and other Vertex Pharmaceuticals executives is 50 NORTHERN AVENUE, BOSTON MA, 02210. Vertex Pharmaceuticals can also be reached via phone at (617) 341-6100 and via email at [email protected]. Learn More on David Altshuler's contact information.

Has David Altshuler been buying or selling shares of Vertex Pharmaceuticals?

David Altshuler has not been actively trading shares of Vertex Pharmaceuticals during the last ninety days. Most recently, David Altshuler sold 63 shares of the business's stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $345.51, for a transaction totalling $21,767.13. Following the completion of the sale, the executive vice president now directly owns 32,038 shares of the company's stock, valued at $11,069,449.38. Learn More on David Altshuler's trading history.

Who are Vertex Pharmaceuticals' active insiders?

Vertex Pharmaceuticals' insider roster includes David Altshuler (EVP), Kristen Ambrose (CAO), Stuart Arbuckle (COO), Sangeeta Bhatia (Director), Jonathan Biller (EVP), Joshua Boger (Director), Carmen Bozic (CMO), Reshma FASN (M.D.), Reshma Kewalramani (CEO), Yuchun Lee (Director), Jeffrey Leiden (Chairman), Joy Liu (SVP), Margaret McGlynn (Director), Michael Parini (EVP), Amit Sachdev (EVP), Bruce Sachs (Director), Bastiano Sanna (EVP), Paul Silva (CAO), Ian Smith (COO), Ourania Tatsis (EVP), and Charles Wagner, Jr. (CFO). Learn More on Vertex Pharmaceuticals' active insiders.

Are insiders buying or selling shares of Vertex Pharmaceuticals?

During the last year, insiders at the pharmaceutical company sold shares 32 times. They sold a total of 115,042 shares worth more than $42,520,712.26. The most recent insider tranaction occured on February, 26th when EVP Ourania Tatsis sold 354 shares worth more than $150,697.80. Insiders at Vertex Pharmaceuticals own 0.2% of the company. Learn More about insider trades at Vertex Pharmaceuticals.

Information on this page was last updated on 2/26/2024.

David Altshuler Insider Trading History at Vertex Pharmaceuticals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/9/2023Sell63$345.51$21,767.1332,038View SEC Filing Icon  
2/6/2023Sell1,304$306.00$399,024.0068,645View SEC Filing Icon  
11/7/2022Sell1,303$303.04$394,861.1236,077View SEC Filing Icon  
7/19/2022Sell17,865$288.65$5,156,732.2536,077View SEC Filing Icon  
2/11/2022Sell2,297$235.02$539,840.94View SEC Filing Icon  
11/6/2019Sell1,223$197.21$241,187.8332,776View SEC Filing Icon  
8/19/2019Sell12,501$186.38$2,329,936.3835,803View SEC Filing Icon  
2/19/2019Sell5,624$187.00$1,051,688.0032,604View SEC Filing Icon  
1/22/2019Sell2,125$193.48$411,145.0041,238View SEC Filing Icon  
1/18/2019Sell1,223$194.62$238,020.2640,336View SEC Filing Icon  
11/15/2018Sell100$163.75$16,375.00View SEC Filing Icon  
11/7/2018Sell2,125$181.89$386,516.2548,877View SEC Filing Icon  
11/5/2018Sell4,126$173.51$715,902.2640,909View SEC Filing Icon  
10/1/2018Sell2,445$194.62$475,845.90View SEC Filing Icon  
8/28/2018Sell2,125$181.89$386,516.2541,238View SEC Filing Icon  
8/31/2017Sell1,796$160.00$287,360.00107,807View SEC Filing Icon  
6/5/2017Sell7,500$130.00$975,000.00113,511View SEC Filing Icon  
12/1/2015Sell5,000$131.00$655,000.0075,000View SEC Filing Icon  
10/28/2014Sell2,000$114.75$229,500.00View SEC Filing Icon  
10/6/2014Sell1,405$109.75$154,198.75View SEC Filing Icon  
9/29/2014Sell2,500$114.75$286,875.00View SEC Filing Icon  
9/19/2014Sell5,000$102.25$511,250.00View SEC Filing Icon  
9/5/2014Sell2,500$94.75$236,875.00View SEC Filing Icon  
7/31/2014Sell5,000$89.59$447,950.00View SEC Filing Icon  
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David Altshuler Buying and Selling Activity at Vertex Pharmaceuticals

This chart shows David Altshuler's buying and selling at Vertex Pharmaceuticals by year and by quarter.

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Vertex Pharmaceuticals Company Overview

Vertex Pharmaceuticals logo
Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age or older; SYMDEKO/SYMKEVI for people with CF for 6 years of age or older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 year or older who have CF with ivacaftor. The company's pipeline includes VX-522, a CFTR mRNA therapeutic designed to treat the underlying cause of CF, which is in Phase 1 clinical trial; VX-548, a non-opioid medicine for the treatment of acute and neuropathic pain which is in Phase 3 clinical trial; Exa-cel, for the treatment of sickle cell disease and transfusion-dependent beta thalassemia which is in Phase 2/3 clinical trial. In addition, it provides inaxaplin for the treatment of APOL1-mediated focal segmental glomerulosclerosis and co-morbidities, such as hypertension which is in single Phase 2/3; VX- 880 and VX-264, treatment for Type 1 Diabetes which is in Phase 1/2 clinical trial; VX-970, which is in Phase 2 clinical trial for the treatment of cancer; and VX-803 and VX-984 for treatment of cancer in Phase 1 clinical trial. Further, it sells the products to specialty pharmacy and specialty distributors in the United States, as well as retail pharmacies, hospitals, and clinics. Additionally, the company has collaborations with CRISPR Therapeutics AG.; Moderna, Inc.; Entrada Therapeutics, Inc.; Arbor Biotechnologies, Inc.; Mammoth Biosciences, Inc.; and Verve Therapeutics., as well as collaborations with Tevard Biosciences to develop novel tRNA-based therapies for duchenne muscular dystrophy. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $404.91
Low: $403.47
High: $406.74

50 Day Range

MA: $413.00
Low: $393.10
High: $433.48

2 Week Range

Now: $404.91
Low: $316.43
High: $448.40

Volume

1,070,081 shs

Average Volume

1,246,031 shs

Market Capitalization

$104.65 billion

P/E Ratio

29.15

Dividend Yield

N/A

Beta

0.35