Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.000258142236372251 -0.000279654089403251 -0.00322677795465301
Stock impact report

Pfizer withdraws sickle cell drug Oxbryta over safety concerns [Seeking Alpha]

Vertex Pharmaceuticals Incorporated (VRTX) 
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.vrtx.com
Company Research Source: Seeking Alpha
“Pfizer's decision is based on the totality of clinical data that now indicates the overall benefit of Oxbryta no longer outweighs the risk in the approved sickle cell patient population. The data suggest an imbalance in vaso-occlusive crises and fatal events which require further assessment,” Pfizer ( PFE ) said in a statement released late Wednesday The pharmaceutical giant said Oxbryta will be withdrawn from all markets where it is currently approved. Pfizer ( PFE ) is also discontinuing all clinical trials and expanded access programs involving the product. Pfizer ( PFE ) said it has notified regulators of its findings and the withdrawal. The company added that it does not anticipate the withdrawal to impact its full-year 2024 financial guidance. Shares of Pfizer ( PFE ) were trading largely flat at around 5:50 p.m. ET following the news. Oxbryta was approved by the FDA in 2019. The product is also approved for use in over 35 countries, including members of the European U Show less Read more
Impact Snapshot
Event Time:
VRTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
VRTX alerts

from News Quantified
Opt-in for
VRTX alerts

from News Quantified