Top Healthcare Stocks
Healthcare stocks are higher this afternoon with the NYSE
Healthcare Sector Index gaining 0.7% and shares of healthcare
companies in the S&P 500 rising almost 0.8% as a group.
In company news, Teva Pharmaceutical Industries Ltd. (
) is down about 1% at $37.95 a share this afternoon after the
drug-maker and Cancer Research Technology Ltd. - the technology
development arm of Cancer Research UK - signed a multi-project
alliance to research and develop cancer drugs that modulate DNA
damage and repair response processes in cancer cells.
The alliance will span the drug discovery process and target
validation to lead optimization and synthesizing compounds for
further development as potential drugs.
In other sector news,
(+) OMER, Wedbush Securities raises its price target for the
stock by $10 to $28 a share following positive Phase I data of the
company's OMS824 drug candidate in patients with schizophrenia and
(+) NBY, Said its Auriclosene irrigation system met primary
endpoints in a Phase II trial measuring its ability to reduce
urinary catheter blockage and encrustation.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.