Goldman Thinks Vertex (VRTX) Overvalued, Maintains Sell

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Vertex Pharmaceuticals (VRTX) Initiates Phase 3 Trial of VX-809 in Combination with Ivacaftor

February 26, 2013 4:23 PM EST

Vertex Pharmaceuticals, Inc. (NASDAQ: VRTX) announced the initiation of a global pivotal Phase 3 development program for fixed-dose combinations of VX-809 (lumacaftor) and ivacaftor in people with cystic fibrosis (CF) who have two copies (homozygous) of the F508del mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene. Vertex plans to conduct two 24-week... More