Sector Update: Healthcare Shares Edging Higher in Pre-Bell Trade

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Healthcare stocks:

JNJ: +0.04%

PFE: flat


ABT: flat

MRK: +0.65%

AMGN: +0.13%

Healthcare shares were flat to higher to higher in pre-market trade Thursday.

In healthcare stocks news, Pluristem ( PSTI ), a developer of placenta-based cell therapies, was more than 6% higher Thursday after the company said the FDA has reviewed Pluristem's comparability studies of its PLacental eXpanded ( PLX ) cell products and granted approval for the company to manufacture these products in its new commercial-scale cell manufacturing facility.

And, Threshold Pharmaceuticals ( THLD ) was down about 2% after it reported that for Q4, the company widened its loss year over year, and missed analysts' expectations, while revenue was in line with Street estimates.

The biotechnology company reported a Q4 GAAP loss of $0.13 per share, compared with the prior-year period's $0.10 loss per share. Revenue was $3.2 million, up from $2.02 million in the same quarter last year.



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

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This article appears in: Investing , Commodities

Referenced Stocks: PSTI , PLX , THLD

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