Sector Update: Healthcare Shares Mixed Pre-Market; Pfizer Sinks 3% on Results of Breast Cancer Treatment Study

By
A A A

Top Healthcare stocks:

JNJ: -0.06%

PFE: -2.83%

ABT: flat

MRK: flat

AMGN: +0.13%

Healthcare shares were mixed in pre-market trade on Monday.

In healthcare stocks news, Threshold Therapeutics ( THLD ) said it believes that data to be presented at an upcoming conference this week will demonstrate that further evaluation of its TH-303 cancer therapy is warranted.

The company will present data from two preclinical studies into the investigational hypoxia-targeted drug, with immunotherapy, antiangiogenic therapy, and radiotherapy at the American Association for Cancer Research conference beginning in San Diego, California April 5th.

And, Pfizer ( PFE ) was down 3% after it released detailed results from the PALOMA-1 study, a randomized Phase 2 study of palbociclib in combination with letrozole.

PALOMA-1 achieved its primary endpoint by significantly prolonging progression-free survival compared with letrozole alone in post-menopausal women with estrogen receptor positive, human epidermal growth factor receptor 2 negative locally advanced or metastatic breast cancer.



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.

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


This article appears in: Investing , Commodities

Referenced Stocks: THLD , PFE

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Can You Talk Sexy Money?
Can You Talk Sexy Money?            

Stocks

Referenced

Most Active by Volume

9,887,648
  • $6.589 ▲ 0.37%
5,324,957
  • $16.96 ▲ 0.83%
3,893,584
  • $8.14 ▲ 0.37%
3,780,149
  • $5.0171 ▲ 4.31%
3,315,173
    $19.50 unch
2,194,260
  • $99.5001 ▲ 0.32%
2,110,809
  • $13.54 ▲ 1.80%
1,985,969
  • $50.735 ▼ 0.50%
As of 10/2/2014, 09:38 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com