Ventyx Biosciences shares are trading lower after the company announced results from the Phase 2 trial of VTX002 in patients with moderate-to-severely active ulcerative colitis.
Portfolio Pulse from Benzinga Newsdesk
Ventyx Biosciences announced positive results from the Phase 2 trial of VTX002 in patients with moderate-to-severely active ulcerative colitis. Despite the positive news, the company's shares are trading lower.
October 09, 2023 | 8:19 pm
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Ventyx Biosciences' shares are trading lower despite positive results from the Phase 2 trial of VTX002.
The positive results from the Phase 2 trial of VTX002 should have been a positive catalyst for Ventyx Biosciences' stock. However, the stock is trading lower, which could be due to other factors not mentioned in the article, such as market sentiment or broader market trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100