Filed Pursuant to Rule 424(b)(3)
Registration No. 333-116376
PROSPECTUS
SUPPLEMENT NO. 1 DATED APRIL 11, 2005
(TO PROSPECTUS DATED SEPTEMBER 10, 2004)
VERTEX PHARMACEUTICALS INCORPORATED
$153,135,000 53/4% Convertible Senior Subordinated Notes Due 2011
10,250,000 Shares of Common Stock Issuable Upon Conversion of the Notes
This Prospectus Supplement No. 1 supplements and amends the Prospectus dated September 10, 2004 (the "Prospectus"), relating to the resale from time to time by holders of our 53/4% Convertible Senior Subordinated Notes Due 2011 (the "Notes") and shares of our common stock issuable upon the conversion of the Notes. Such information has been obtained from the selling holders. This prospectus supplement should be read in conjunction with the Prospectus, which is to be delivered with this prospectus supplement.
The information appearing in the table below, as of the date hereof, supplements and amends the information in the table appearing under the heading "Selling Holders" in the Prospectus, and, where the name of a selling holder identified in the table below also appears in the table in the Prospectus, the information set forth in the table below regarding that selling holder supercedes the information in the Prospectus:
| 05 | $ | 100,000 | 6,693 | ||
| Alameda County Retirement Association Fund B | 2,060,000 | 137,885 | |||
| Albertsons | 1,800,000 | 120,482 | |||
| Amaranth LLC | 5,000,000 | 334,672 | |||
| Bakery & Confectionery Union Pension Fund | 1,605,000 | 107,430 | |||
| Barclays Global Investors Diversified Alpha Plus Funds | 72,000 | 4,819 | |||
| Boston Medical Center | 100,000 | 6,693 | |||
| CDC AM—L/S Bond Fund | 100,000 | 6,693 | |||
| CDC AM—L/S High Yield Fund | 2,300,000 | 153,949 | |||
| Childrens Medical Center | 250,000 | 16,734 | |||
| City of Fresno Employees and Fire Police Retirement System | 150,000 | 10,040 | |||
| City of Worcester Retirement System | 185,000 | 12,383 | |||
| Delaware Public Employees Retirement System | 950,000 | 63,588 | |||
| Desert States UFCW Unions Pension Plan | 85,000 | 5,689 | |||
| Dow Corning Retirement Plan | 155,000 | 10,375 | |||
| Ensign Peak Advisors, Inc. | 600,000 | 40,161 | |||
| Firemens Annuity & Benefit Fund of Chicago—Opportunistic FI | 455,000 | 30,455 | |||
| Forest Fulcrum Fund LP | 53,000 | 3,548 | |||
| Forest Global Convertible Fund, Ltd., Class A-5 | 391,000 | 26,171 | |||
| Forest Multi-Strategy Master Fund SPC, on behalf of its Multi-Strategy Segregated Portfolio | 454,000 | 30,388 | |||
| Hamilton Multi-Strategy Master Fund, LP | 4,847,000 | 324,431 | |||
| Health Care Security Trust—High Yield | 85,000 | 5,689 | |||
| HFR CA Global Opportunity Master Trust | 35,000 | 2,343 | |||
| HFR RVA Select Performance Master Trust | 56,000 | 3,748 | |||
| High Yield PRIT | 2,225,000 | 148,929 | |||
| Houston Firefighters Relief & Retirement—Fund B | 1,350,000 | 90,361 | |||
| Houston Municipal Employees Pension System | 575,000 | 38,487 | |||
| Ironworkers District Council of New England | 275,000 | 18,407 | |||
| Kansas Public Employees Retirement System | 3,100,000 | 207,497 | |||
| LS Bond Fund | 12,778,000 | 855,288 | |||
| LS High Income Fund | 310,000 | 20,750 | |||
| LS Institutional High Income Fund | 1,200,000 | 80,321 | |||
| LS Strategic Income Fund | 5,225,000 | 349,732 | |||
| Lyxor/Forest Fund Limited | 223,000 | 14,926 | |||
| Manmac 2 Limited | 4,453,000 | 298,059 | |||
| Massachusetts Laborers Health and Welfare Fund | 30,000 | 2,008 | |||
| McCarthy Group Asset Management Total Ret | 75,000 | 5,020 | |||
| Minnesota Laborers Pension Fund | 100,000 | 6,693 | |||
| MRP Trust | 400,000 | 26,774 | |||
| New Bedford City Retirement System | 225,000 | 15,060 | |||
| North Dakota State Investment Board | 300,000 | 20,080 | |||
| NSTAR Union Medical VEBA | 305,000 | 20,415 | |||
| NWW, Inc. | 225,000 | 15,060 | |||
| Partners HealthCare High Yield | 75,000 | 5,020 | |||
| Partners HealthCare System Inc. Pens. Fd High Yield | 200,000 | 13,387 | |||
| Partners HealthCare System Inc. Pooled Invest Acct.—LT | 50,000 | 3,347 | |||
| Peter & Elizabeth Tower Foundation | 75,000 | 5,020 | |||
| Salomon Brothers Asset Management (2) | 19,000,000 | 1,271,754 | |||
| Sphinx Convertible Arbitrage SPC | 49,000 | 3,280 | |||
| State of Connecticut—Fund B | 2,570,000 | 172,021 | |||
| State of Wisconsin Investment Board | 1,551,000 | 103,815 | |||
| The Children's Hospital Corporation Pension Fund | 25,000 | 1,673 | |||
| TransAmerica Life Insurance and Annuity Co. | 175,000 | 11,714 | |||
| Treasurers Unclaimed Property Fund | 115,000 | 7,697 | |||
| UA General Officers Retirement Plan | 21,000 | 1,406 | |||
| UA Local Union Officers & Employees Pension Plan | 180,000 | 12,048 | |||
| UA Office Employees Retirement Plan | 8,000 | 535 | |||
| UBS Securities LLC(2) | 265,000 | 17,758 | |||
| UFCW No. California Employers Joint Pension | 265,000 | 17,738 | |||
| UFCW Tri-State Pension Fund | 275,000 | 18,407 | |||
| UMWA Health & Retirement Funds | 1,000,000 | 66,934 | |||
| Unidentified Securityholders | 70,618,000 | 4,726,777 | |||
| United Technologies Corporation Master Retirement Trust | 1,500,000 | 100,402 | |||
| Xavex Convertible Arbitrage 4 Fund | 21,000 | 1,406 | |||
| Zurich Institutional Benchmarks Master Fund Ltd. | 100,000 | 6,693 | |||
The selling holders identified above may have sold, transferred or otherwise disposed of all or a portion of their Notes since the date on which they provided the information about their Notes in transactions exempt from the registration requirements of the Securities Act.