Vertex Pharmaceuticals Non-deductible AIPR&D remained flat by 0.0% to 93.5% in Q4 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates higher non-deductible acquisition costs, which can inflate the effective tax rate and reduce net income.
This metric represents the impact of non-deductible acquired in-process research and development (AIPR&D) costs on the c...
Common in biotech and pharma companies that frequently acquire smaller firms to bolster their R&D pipelines.
other_effective_income_tax_rate_reconciliation_nondeduct_44267a| FY'23 | FY'24 | |
|---|---|---|
| Value | 0% | 373.8% |