Health care stocks:
Healthcare shares are flat in pre-market, while Fresenius
Medical Care (
) is buying 43 hospitals in Germany for $4.1 billion, Bloomberg
reports this morning. The move creates Europe's largest chain of
private hospitals and many competitors tried to block the move.
FMS is flat in pre-market trade for $32.47.
And, Galena Biopharma (
) shares are down 9% at $2.08 in pre-market trade after the company
said late yesterday that it intends to offer shares of its common
stock and warrants to purchase shares of its common stock in an
underwritten public offering. The terms of the deal have not been
Finally, Sangamo Biosciences (
) shares were trading up 5% at $11.00 in pre-market trade after the
company reported that new data from its ongoing Phase 2 clinical
trial of its SB-728-T drug for the treatment of HIV can potentially
enable attacks on the infection from several angles.
The 52-week high is at $11.32, with the low at $4.92.
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