Ver­tex shut­ters a PhI­II cys­tic fi­bro­sis com­bo study, shares slip

Shares of Ver­tex slid Mon­day af­ter­noon af­ter the com­pa­ny said it will scrap one of its late-stage stud­ies for a com­bi­na­tion ther­a­py for cys­tic fi­bro­sis af­ter it failed to pass muster in a fu­til­i­ty analy­sis.

Ver­tex $VRTX is halt­ing its study of VX-661 and Ka­ly­de­co (iva­caftor) in peo­ple with one copy of the F508del mu­ta­tion and one copy of a mu­ta­tion that re­sults in min­i­mal CFTR pro­tein func­tion (F508del het/min). The study stum­bled in its first phase, with­out an im­prove­ment in lung func­tion.

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