Health Care Sector Update for 06/16/2017: JNJ, PFE, ABT, MRK, AMGN, GSK, PFE, LLY

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Top Health Care stocks:

JNJ: flat

PFE: flat

ABT: flat

MRK: flat

AMGN: flat

Health care shares were inactive in pre-market trade Friday.

In health care stocks news, GlaxoSmithKline ( GSK ) was up 0.7% after it said results from a ten-year continuation study showed its Benlysta plus standard of care prolonged control of disease activity in patients with active systemic lupus erythematosus. The study demonstrated the percentage of treatment response to belimumab increased over time, with an overall response of 65.1% at year 10, the company said. Patients were able to decrease their corticosteroid dose over time from baseline to year 10. Of patients receiving more than 7.5 mg/day baseline prednisone, 32.6% decreased their dose to less than or equal to 7.5 mg/day by year 10. A total of 9.5% of patients receiving baseline prednisone less than or equal to 7.5 mg/day had a dose increase to more than 7.5 mg/day.

In other sector news,

PFE (flat) Xeljanz arthritis drug shows similar response rate to AbbVie's Humira

LLY (flat) Says long term data show rheumatoid arthritis drug lowers tate of joint damage progression

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , US Markets
Referenced Symbols: GSK , JNJ , PFE , ABT , MRK

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