Ventyx Biosciences Announces Results From Phase 2 Trial Of VTX958 Did Not Meet Primary Endpoint In Patients With Moderately To Severely Active Crohn's Disease
Portfolio Pulse from Benzinga Newsdesk
Ventyx Biosciences announced that its Phase 2 trial of VTX958 did not meet the primary endpoint in patients with moderately to severely active Crohn's disease.
July 29, 2024 | 12:02 pm
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Ventyx Biosciences' Phase 2 trial of VTX958 failed to meet the primary endpoint in patients with moderately to severely active Crohn's disease. This could negatively impact investor sentiment and the stock price in the short term.
The failure to meet the primary endpoint in a Phase 2 trial is a significant setback for a biotech company, as it raises concerns about the efficacy of the drug and its future prospects. This news is likely to lead to a negative reaction from investors, resulting in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100