Aug 4 (Reuters) - Vertex Pharmaceuticals ( VRTX ) 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.