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Wednesday, August 28, 2019

Vertex slips on negative Symdeko chatter

Vertex Pharmaceuticals (VRTX -1.1%) is under modest pressure on below-average volume in apparent response to unconfirmed chatter that Symdeko (tezacaftor/ivacaftor and ivacaftor) has been linked to multiple deaths.
Shares bottomed at $170.54 (-4%) intraday before recovering.
Update: FAERS states 30 deaths (search by product name).

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