Incyte down after pausing early-stage study on skin condition treatment
** Shares of drugmaker Incyte InCY fall about 6% to $72.48 in after-hours trading
** Company to pause enrollment in an on-going early phase study of chronic spontaneous urticaria (CSU) treatment
** Says data from Phase-2 study of its cholestatic pruritus treatment does not merit further development
** CSU is a skin condition that causes hives, while cholestatic pruritus causes a severe itching sensation
** YTD, stock up ~21% as of last close
Reporting by Juveria Tabassum in Bengaluru
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