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Vertex Receives CHMP Positive Opinion for Expanded Label for KAFTRIO® in Combination With Ivacaftor for People With Cystic Fibrosis to Include Rare Mutations

1. Vertex Pharmaceuticals received positive EMA opinion for KAFTRIO® label expansion. 2. This expands treatment for cystic fibrosis patients with specific CFTR mutations.

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FAQ

Why Bullish?

The positive opinion from EMA typically boosts stock prices, as seen historically with VRTX after positive regulatory news.

How important is it?

Positive regulatory developments significantly influence stock performance, particularly for biopharmaceutical companies like VRTX.

Why Long Term?

The label expansion will likely increase sales over time as more patients qualify for KAFTRIO® treatment.

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ABBVMRNAAMGN
LONDON--(BUSINESS WIRE)--Vertex Pharmaceuticals (Nasdaq: VRTX) today announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) adopted a positive opinion for the label expansion of KAFTRIO® (ivacaftor/tezacaftor/elexacaftor) in combination with ivacaftor for the treatment of people with cystic fibrosis (CF) aged 2 years and older who have at least one non-class I mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene. “We.

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