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Biotech / Medical : Vertex Pharmaceuticals (VRTX)
VRTX 454.67-1.3%3:59 PM EST

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From: Miljenko Zuanic10/3/2005 6:46:33 PM
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<<Clinical Update

Vertex affirmed today that it remains on track to achieve key milestones in its VX-950 clinical program in the fourth quarter of 2005, including initiation of a 14-day Phase Ib combination study of VX-950 and pegylated interferon in Europe and filing of an investigational new drug (IND) application in the United States to support Phase II development of VX-950. Vertex anticipates that it will initiate a 28-day, Phase II combination study of VX-950 and pegylated interferon by year-end. Vertex expects to present additional VX-950 clinical data at two more medical conferences in the fourth quarter of 2005.>>

PIb ...14 days

PII ...28 days

PIIb.....XX days

PIII...who knows????

I guss, market think this is for real? Maybe, but I am far from believer.

Miljenko
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