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Vertex to stop developing new painkiller as solo treatment after mid-stage study setback

Vertex to stop developing new painkiller as solo treatment after mid-stage study setback

Reuters2 hours ago
Aug 4 (Reuters) - Vertex Pharmaceuticals (VRTX.O), opens new tab said on Monday it will not continue development of its experimental non-opioid painkiller as a solo treatment after it failed to meet the main goal of a mid-stage trial.
The next-generation drug, called VX-993, was found to be generally safe when tested in patients who had a bunion surgery, with most side effects being mild to moderate and no serious problems linked to the painkiller, the company said.
Wall Street analysts and investors have been eagerly awaiting the results of this trial that would help Vertex expand beyond its non-opioid Journavx, bolstering its pain drug treatments.
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