Vertex Pharmaceuticals Stock Dives After Mixed Drug Study Results
VertexVertex(US:VERX) Investopedia·2024-12-19 15:31

Key TakeawaysVertex Pharmaceuticals shares sank Thursday after the company reported mixed results in a Phase 2 drug trial to treat lumbosacral radiculopathy (LSR), which causes leg and back pain.The company said the trial of suzetrigine met its primary endpoint in reducing pain, but a placebo reference arm also showed a "similar within-group reduction from baseline in pain."With Thursday's losses, Vertex shares fell into negative territory for the year. Vertex Pharmaceuticals (VRTX) shares sank Thursday mor ...

Vertex Pharmaceuticals Stock Dives After Mixed Drug Study Results - Reportify