Vertex' charge continues with extended Orkambi approval
One of the hottest biotech stocks in 2017 was Vertex Pharmaceuticals (Nasdaq: VRTX), a US biotech that specializes in cystic fibrosis (CF), with its value nearly doubling and the company reporting positive data from Phase I and II trials of triple combination regimens.
The good times look set to continue into 2018, if news announced on Wednesday is anything to go by.
The European Commission (EC) has granted an extension of the marketing authorization for Orkambi (lumacaftor/ivacaftor), the first medicine to treat the underlying cause of CF in people with two copies of the F508del mutation, to include children ages 6 through 11.
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