Health Care Sector Update for 09/12/2017: AEMD,ALDX,SAGE

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Top Health Care Stocks

JNJ -0.50%

PFE +3.21%

ABT -0.40%

MRK +0.50%

AMGN +2.27%

Health care stocks have turned narrowly higher just before Tuesday's closing bell, with the NYSE Health Care Index rising nearly 0.2% today while shares of health care companies in the S&P 500 were up almost 0.1% as a group.

In company news, Aethlon Medical ( AEMD ) almost doubled in value early in Tuesday trading, rising almost 93% to an intra-day high of $2.90 a share, after the medical device company today said federal regulators have granted an expedited access pathway designation for its Aethlon Hemopurifier to treat life-threatening viruses.

The expedited access pathway program was created by the U.S. Food and Drug Administration to speed patient access to breakthrough technologies with the potential of addressing life-threatening conditions with no approved treatment alternatives.

In other sector news,

(+) ALDX, ADX-102 topical ocular drug candidate shows statistically significant improvement in patients with dry eye disease across multiple sign and symptom endpoints during Phase II patients.

(-) SAGE, Brexanolone drug candidate to treat a life-threatening seizure condition called super-refractory status epilepticus failed to meet its primary endpoint of statistical superiority compared with a placebo during Phase III testing.

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: AEMD , ALDX , SAGE

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