Why Vertex Pharmaceuticals Stock Is Getting Hammered Today

why vertex pharmaceuticals stock is getting hammered today

Sumary of Why Vertex Pharmaceuticals Stock Is Getting Hammered Today:

  • The company’s shares fell by as much as 14.5% in pre-market trading Friday morning in response to the biotech’s decision to discontinue the clinical program for VX-864, an experimental treatment for the rare genetic disorder alpha-1 antitrypsin (AATD)..
  • As a result Vertex no longer has a candidate in its clinical pipeline for this potentially lucrative genetic disorder….

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