Health Canada Grants Market Authorization For KALYDECO For Eligible Children With Cystic Fibrosis Ages 2 Months and Older
Portfolio Pulse from Benzinga Newsdesk
Health Canada has granted Market Authorization for Vertex Pharmaceuticals' KALYDECO for children with cystic fibrosis ages 2 months and older. This expands the treatment's use for specific CFTR gene mutations. Vertex is committed to facilitating access for eligible patients and continues to focus on developing treatments for younger CF patients.
November 29, 2023 | 7:03 pm
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Vertex Pharmaceuticals' KALYDECO has been authorized by Health Canada for use in young children with cystic fibrosis, potentially increasing the patient base and usage of the drug.
The market authorization by Health Canada for KALYDECO in a younger patient population is likely to increase the drug's market size and usage, which could lead to increased revenues for Vertex Pharmaceuticals. The news is directly related to Vertex's product portfolio and represents a positive development, suggesting a likely short-term positive impact on the stock price.
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