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Vertex Pharmaceuticals (NASDAQ:VRTX): Closing price $45.44
Vertex said Friday that the Health Service Executive of Ireland will fund Kalydeco (ivacaftor), which represents the first medicine to treat the underlying cause of cystic fibrosis, for patients aged 6 and older who have at least one copy of the G551D mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene. Cystic fibrosis is a rare genetic disease for which there is no cure, caused by a defective or missing CFTR protein resulting from mutations in the CFTR gene. Ivacaftor helps the defective CFTR protein function more normally in persons with the G551D mutation.
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