Sector Update: Healthcare Shares Flat Pre-Market; Catalyst Pharmaceutical Partners Rises 14% on Joint Study of Firdapse Tablets

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Healthcare stocks:

JNJ: -0.18%

PFE: +0.03%

ABT: flat

MRK: flat

AMGN: flat

Healthcare shares are fairly flat in pre-market trade.

Shares in Catalyst Pharmaceutical Partners ( CPRX ), a specialty pharmaceutical company focused orphan neuromuscular and neurological diseases, are up more than 14% pre-bell after the company announced that a joint study of its Firdapse tablets on cardiac safety met primary endpoints.

The study was jointly funded with, and conducted by BioMarin Pharmaceuticals ( BMRN ). BioMarin is flat pre-market, after closing Tuesday at $68.54.

And, NPS Pharmaceuticals ( NPSP ) said the FDA has accepted and filed for review the company's Biologics License Application (BLA) for Natpara (recombinant human parathyroid hormone 1-84, (rhPTH[1-84])) for the treatment of hypoparathyroidism. Under the Prescription Drug User Fee Act (PDUFA), the goal date for a decision by the FDA is October 24, 2014.



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This article appears in: Investing , Commodities

Referenced Stocks: BMRN , CPRX , NPSP

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