Ventyx Announces Results From Phase 2 Trial Of VTX958 In Patients With Moderate To Severe Plaque Psoriasis; Says Trial Met Primary And Key Secondary Endpoints, But Disappointed By The Magnitude Of Efficacy
Portfolio Pulse from Benzinga Newsdesk
Ventyx announced results from its Phase 2 trial of VTX958 in patients with moderate to severe plaque psoriasis. The trial met primary and key secondary endpoints, but the company expressed disappointment with the magnitude of efficacy.
November 06, 2023 | 9:03 pm
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NEGATIVE IMPACT
Ventyx's Phase 2 trial of VTX958 met its primary and secondary endpoints, but the company was disappointed with the level of efficacy. This could potentially impact the stock negatively in the short term.
The news directly pertains to Ventyx and its product VTX958. While the trial met its endpoints, the company's disappointment with the efficacy could potentially dampen investor sentiment and negatively impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100