Vertex shares up after successful cystic fibrosis trial
(Reuters) – Vertex Pharmaceuticals Inc said its experimental drug improved lung function in adults with cystic fibrosis in a mid-stage trial, sending its shares 54 percent higher in after-hours trading. The company said on Thursday the favorable results were seen in patients who took the drug, known as VX-661, in combination with its already approved treatment for cystic fibrosis, Kalydeco (ivacaftor) in a short 28-day study. …