Healthcare Stocks Lower Near Final Bell; Biolase Cutting Device Added to Robotic Surgery Tool


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Top Healthcare Stocks

JNJ +0.59%

PFE -0.41%

ABT -0.35%

MRK -0.12%

AMGN +0.17%

Healthcare stocks are lower with the NYSE Healthcare Sector Index sliding 0.5% and shares of healthcare companies in the S&P 500 down 0.2% as a group.

In company news, Biolase is up slightly more than 2.1% at $1.95 a share and the company today announcing a partnership with Auris Surgical Robots to co-develop cataract-removal ophthalmologic devices.

The new products will use BIOL's patented WaterLase YSGG all-tissue atraumatic cutting device mounted on a unique robotic operating system manufactured by Auris.

In other sector news,

(+) NVGN, Seeking Alpha report describes the drug-maker as "the most exciting idea in biotech," predicting its share price will soon soar on a "major partnership announcement."

(-) ATRS, Giving back gains during yesterday's session that followed the FDA approving its Otrexup injection for adults with Rheumatoid Arthritis, children with Polyarticular Idiopathic Arthritis and adults with Psoriasis.

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

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

This article appears in: Investing , Commodities

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