Why Is Vertex Pharmaceuticals Stock Trading Lower On Thursday After Back Pain Trial Data? - Vertex Pharmaceuticals (NASDAQ:VRTX)
- Vertex Pharmaceuticals reported that Suzetrigine reduced pain but did not outperform a placebo in a Phase 2 study, raising doubts about its effectiveness in treating chronic pain.
- The study involved 102 patients with lumbosacral radiculopathy, focusing on reducing pain measured by a numeric pain rating scale.
- Vertex believes better-designed clinical trials could improve Suzetrigine's chances in a future Phase 3 study.
- Concerns about the drug's performance led to a decline in Vertex shares on Thursday.
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