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Quarterly Financial Data (unaudited) (Details) (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended 108 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2003
Dec. 31, 2012
Revenues:                          
Product revenues, net $ 281,309,000 $ 303,501,000 $ 373,273,000 $ 375,375,000 $ 456,759,000 $ 419,595,000 $ 74,535,000 $ 0 $ 1,333,458,000 $ 950,889,000 $ 0    
Royalty revenues 43,451,000 25,586,000 33,480,000 38,981,000 25,405,000 8,539,000 10,010,000 6,061,000 141,498,000 50,015,000 30,244,000    
Collaborative revenues 9,234,000 6,919,000 11,552,000 24,381,000 81,176,000 231,066,000 29,879,000 67,601,000 52,086,000 409,722,000 113,126,000    
Total revenues 333,994,000 336,006,000 418,305,000 438,737,000 563,340,000 659,200,000 114,424,000 73,662,000 1,527,042,000 1,410,626,000 143,370,000    
Costs and expenses:                          
Cost of product revenues 75,595,000 [1] 30,680,000 104,549,000 [2] 25,918,000 22,936,000 35,285,000 5,404,000 0 236,742,000 63,625,000 0    
Royalty expenses 12,120,000 7,856,000 9,874,000 13,293,000 7,191,000 3,121,000 3,902,000 2,666,000 43,143,000 16,880,000 12,730,000    
Research and development expenses 213,109,000 200,161,000 196,544,000 196,371,000 186,438,000 189,052,000 173,604,000 158,612,000 806,185,000 707,706,000 637,416,000    
Sales, general and administrative expenses 110,452,000 97,684,000 117,514,000 111,146,000 121,881,000 110,654,000 96,663,000 71,523,000 436,796,000 400,721,000 187,800,000    
Restructuring expense (credit) 194,000 696,000 594,000 360,000 992,000 (419,000) 741,000 760,000 1,844,000 2,074,000 1,501,000 91,824,000 62,479,000
Intangible asset impairment charge 0 0 0 0 0 105,800,000 [3] 0 0 0 105,800,000 0    
Total costs and expenses 411,470,000 337,077,000 429,075,000 347,088,000 339,438,000 443,493,000 280,314,000 233,561,000 1,524,710,000 1,296,806,000 839,447,000    
Income (loss) from operations (77,476,000) (1,071,000) (10,770,000) 91,649,000 223,902,000 215,707,000 (165,890,000) (159,899,000) 2,332,000 113,820,000 (696,077,000)    
Interest income 497,000 519,000 560,000 364,000 197,000 77,000 202,000 1,402,000 1,940,000 1,878,000 1,955,000    
Interest expense (3,793,000) (4,560,000) (4,195,000) (4,105,000) (12,430,000) (7,059,000) (6,962,000) (12,001,000) (16,653,000) (38,452,000) (19,275,000)    
Change in fair value of derivative instruments 0 0 0 0 (868,000) (8,115,000) (2,220,000) (5,598,000) 0 (16,801,000) (41,229,000)    
Income (loss) before provision for (benefit from) income taxes (80,772,000) (5,112,000) (14,405,000) 87,908,000 210,801,000 200,610,000 (174,870,000) (176,096,000) (12,381,000) 60,445,000 (754,626,000)    
Provision for (benefit from) income taxes (2,696,000) 21,355,000 20,063,000 32,000 22,660,000 (27,842,000) [3] 24,448,000 0 38,754,000 19,266,000 0    
Net income (loss) (78,076,000) (26,467,000) (34,468,000) 87,876,000 188,141,000 228,452,000 (199,318,000) (176,096,000) (51,135,000) 41,179,000 (754,626,000)    
Net loss (income) attributable to noncontrolling Interest (Alios) 1,928,000 (31,076,000) (30,463,000) 3,714,000 (29,512,000) (7,342,000) 25,249,000 0 (55,897,000) (11,605,000) 0    
Net income (loss) attributable to Vertex (76,148,000) (57,543,000) (64,931,000) 91,590,000 158,629,000 221,110,000 (174,069,000) (176,096,000) (107,032,000) 29,574,000 (754,626,000)    
Net income (loss) per share attributable to Vertex common shareholders:                          
Basic $ (0.35) $ (0.27) $ (0.31) $ 0.44 $ 0.76 $ 1.06 $ (0.85) $ (0.87) $ (0.50) $ 0.14 $ (3.77)    
Diluted $ (0.35) $ (0.27) $ (0.31) $ 0.43 $ 0.74 $ 1.02 $ (0.85) $ (0.87) $ (0.50) $ 0.14 $ (3.77)    
Shares used in per share calculations:                          
Basic 214,607 213,767 211,344 208,018 206,758 206,002 204,413 202,329 211,946 204,891 200,402    
Diluted 214,607 213,767 211,344 219,264 217,602 219,349 204,413 202,329 211,946 208,807 200,402    
Write-downs of inventories to net realizable value 55,200,000   78,000,000           133,189,000 0 0    
Write-down of inventories effect on net income (loss) per share $ (0.25)   $ (0.36)           $ (0.61)        
Change in deferred income taxes           32,700,000              
Asset Impairment Charges           $ 73,100,000              
[1] During the fourth quarter of 2012, the Company recorded within cost of product revenues a lower of cost or market charge of $55.2 million for excess and obsolete INCIVEK inventories. This charge resulted in a $0.25 increase in the net loss attributable to Vertex per diluted share for the fourth quarter of 2012. See Note F, "Inventories," for further information.
[2] During the second quarter of 2012, the Company recorded within cost of product revenues a lower of cost or market charge of $78.0 million for excess and obsolete INCIVEK inventories. This charge affected net income (loss) attributable to Vertex per diluted share, net of tax, by $(0.36) for the second quarter of 2012, resulting in a net loss attributable to Vertex per diluted share in the second quarter of 2012. See Note F, "Inventories," for further information.
[3] During the third quarter of 2011, the Company recorded an impairment charge of $105.8 million. In connection with this impairment charge, the Company recorded a benefit from income taxes of $32.7 million resulting in a net decrease in net income attributable to Vertex related to this impairment charge of $73.1 million in the third quarter of 2011.