Top Healthcare Stocks
Healthcare stocks are lower, with the NYSE Healthcare Sector
Index declining about 0.3% and shares of healthcare companies in
the S&P 500 falling about 0.7% as a group.
In company news, Cardiome Pharma Corp. (CRME,COM.TO) is up more
than 18% at $3.57 a share, earlier pushing to a new 52-week high of
$3.95 after publishing positive data from an open-label study
comparing treatment of its vernakalant intravenous treatment to
oral doses of propafenone or flecainide in patients with atrial
Patients treated with vernakalant returned to normal sinus
rhythm in a median time of 12 minutes compared to 151 minutes for
the propafenone group and 162 minutes for the flecainide group.
In other sector news,
(-) OXBT, (-0.7%) Submits results from two sets of animal
studies intended to address U.S. Food and Drug Administration
concerns over the use of the company's Oxycyte drug candidate in
patients with traumatic brain injuries.
(-) SGMO, (-3.3%) Closes public offering of just more than 7
million shares, including 915,000 shares issued to cover
underwriter overallotments, priced at $10.58 apiece and generating
around $74.2 million in gross proceeds.
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