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Stock impact report

AbbVie Takes Aim at Vertex Pharmaceuticals Incorporated [The Motley Fool]

Vertex Pharmaceuticals Incorporated (VRTX) 
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.vrtx.com
Company Research Source: The Motley Fool
Do Vertex investors need to worry about the company's share of the cystic fibrosis space? At the moment, treatment options for cystic fibrosis are limited to drugs marketed by Vertex Pharmaceuticals Inc. ( NASDAQ:VRTX ) , but a deep-pocketed drugmaker just took a big step toward entering the space. AbbVie, Inc. ( NYSE:ABBV ) recently acquired full control of a clinical-stage cystic fibrosis program from Galapagos N.V. ( NASDAQ:GLPG ) . Should Vertex investors be worried, now that the company's main challenger is a biopharma giant with nearly endless resources for developing competing treatments? Here's what you need to know. Image source: Getty Images. Reasons to stay calm Galapagos recently reported preliminary results from an early-stage trial with its cystic fibrosis (CF) candidates; they didn't make a strong impression. During part one of the Falcon study, the dual combination of GLPG2451 and GPLG2222 led to a forced expiration volume (FEV) im Show less Read more
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