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Cramer says Vertex has a drug that may address the ‘largest market opportunity in the world'

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CNBC’s Jim Cramer said investors keep an eye on Vertex Pharmaceuticals (VRTX) as the company develops a non-opioid pain drug.

"The biggest pharmacy issue how do we get pain removed, or at least nullified, without opiates? They have a plan — Vertex," Cramer said onunderway for the pain drug, known as VX-548. Vertex has said its goal is to create a new class of prescription medications that relieve pain and address the shortcomings of opioids, namely their addictive potential.

"I do believe that if they have something, it would be the largest market opportunity in the world," Cramer said, adding that late-stage study results for VX-548 are expected"within the year."In a note to clients Monday, analysts at Leerink Partners argued that the investment community significantly underappreciates" the potential for VX-548.

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