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Actionable news in VRTX: Vertex Pharmaceuticals Incorporated,

Vertex to seek approval of new cystic-fibrosis drug

Vertex Pharmaceuticals Inc. headquarters in Boston, Massachusetts.

Vertex Pharmaceuticals Inc. said it would seek regulatory approval for one of its experimental cystic-fibrosis drugs after the treatment helped improve patients’ lung function in late-stage studies.

The drug, a combination of the compounds tezacaftor and ivacaftor, is intended to treat patients who...