Investors react to Lundbeck's failed Vyepti study, analyst says uncertainty has increased

Lundbeck’s second quarterly report brought news on Wednesday that a Vyepti study in China had not panned out as hoped.

Photo: Jens Dresling

Despite the release of Lundbeck’s generally solid second quarter report on Wednesday, cementing last week’s guidance upgrade, the immediate market reaction hasn’t been all that positive.

The reason why, according to Sydbank analyst Søren Løntoft Hansen, is the announcement of a failed study in China of the company’s great growth hope, Vyepti, a preventive migraine treatment.

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