Healthcare Stocks Climbing in Afternoon; Regulus Rises on Q3 Results, HPV Drug Prospects


Top Healthcare Stocks

JNJ +0.54%

PFE -0.05%

ABT 0.00%

MRK +0.82%

AMGN +2.01%

Healthcare stocks are higher this afternoon, with the NYSE Healthcare Sector Index adding 0.4% and shares of healthcare companies in the S&P 500 rising 0.6% as a group.

In company news, Regulus Therapeutics ( RGLS ) is holding a 4.7% advance, with shares adding 28 cents to reach $6.18 this afternoon after the drug-maker reported a Q3 net loss of $0.07 per share, half the $0.14 per share loss that analysts, on average, were expecting.

Revenue rose 118% year over year to $6.1 million, also crushing Street expectations by $2.7 million.

RGLS also is picking up support after saying it expects to soon file the regulatory applications for its RG-101 drug candidate, with clinical studies in human patients for the prospective hepatitis C treatment expected to begin early next year.

In other sector news,

(+) CGIX, (+10.8%) Narrows Q3 net loss to $0.61 per share compared with a $2.23 loss in the year-ago period. Revenue climbs 37% year over to $1.7 mln while test volumes jump 71% to 2920 diagnostic procedures during the quarter.

(-) THRX, (-0.4%) Tables Phase II testing of its TD-9855 drug candidate after the prospective treatment for Attention-Deficit/Hyperactivity Disorder in adult patients failed to reduce symptoms. Testing in patients with fibromyalgia will continue, however.

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

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities

Referenced Stocks: RGLS

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Top Home Financing Myths
Top Home Financing Myths            



Most Active by Volume

  • $17.88 ▼ 1.38%
  • $18.51 ▼ 6.98%
  • $94.01 ▼ 1.26%
  • $121.30 ▼ 0.87%
  • $23.28 ▼ 9.17%
  • $14.20 ▼ 0.77%
  • $14.83 ▼ 1.79%
  • $46.70 ▼ 0.38%
As of 7/31/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by