Healthcare stocks are higher with the NYSE Healthcare Sector
Index currently ahead over 0.8% while shares of healthcare
companies in the S&P 500 are up about 1.4% as a group.
In company news, Enzo Biochem Inc. (
) is down 7% at $2.11 a share following a move by Standard &
Poor's to drop the clinical research organization from the S&P
Smallcap 600 index next week.
ENZ will be replaced by Forest Oil (
), which is falling out of the S&P MidCap 400 Index after being
bumped by for-profit college chain Apollo Group (
). The changes will take place after the close of trading June
In other sector news,
(+) ORMP, Withdraws proposed public offering of 24 mln shares
filed with securities regulators on Jan. 11, citing market
(-) IDIX, FDA requests additional pre-clinical safety
information for its IDX209603 drug candidate, putting the start of
clinical testing is on hold until it can provide a satisfactory
response to the agency. IDIX recently submitted an Investigational
New Drug application for the prospective treatment for hepatitis
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