Top Healthcare Stocks
Healthcare stocks are lower this afternoon with the NYSE
Healthcare Sector Index sliding about 0.1% and shares of healthcare
companies in the S&P 500 are down 0.3% as a group.
In company news, Opko Health (
) is set to finish with a small decline, giving back a late-morning
rise that followed the diagnostics equipment company saying it has
cashed out on its investment in Sorrento Therapeutics (
OPK said the sale adds around $22 mln to its cash position and
represents an approximate ten-fold return of itss 2009
SRNE shares are down nearly 7% at $7.90 each.
In other sector news,
(+) PSDV, Said licensee Alimera Sciences (
) has begun labeling discussions with the FDA for its Iluvien drug
candidate, making a scheduled meeting next month with an advisory
panel about the potential diabetic macular edema treatment
(-) CVM, Prices offering of 4.76 mln equity units at 63 cents
each, generating $3 mln in gross proceeds to fund Phase III testing
of its Multikine vaccine for brain and head cancer. Units consisted
of one share and one warrant exercisable at $1.25.
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