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Vertex Pharmaceuticals Incorporated Message Board

  • getrichordietrying22 getrichordietrying22 Jun 4, 2014 9:40 PM Flag

    How did VRTX not pop today?

    This was great news and phase 2 results!!!

    Sentiment: Strong Buy

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    • Because the analysts viewed the improvement as merely modest. I don't think they truly understand that study...it has a widely diverse group of mutations which will have differing levels of benefit but vertex framed the study criteria perfectly...it had a big net with different ways of measuring residual function but succeeded in getting fev improvement sufficient to et approval if phase 3 works out. That was a huge deal....because it will enable a broader on label group whereas some that fit might only get a 2-3 % fev improvement. Also given r117 results, its not surprising that the fev improvement was only modest. I think the analyst were wrongly looking for Magic K results like 551.

 
VRTX
102.35+1.09(+1.08%)Oct 17 4:00 PMEDT

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