Healthcare stocks were mostly higher Friday with the NYSE
Healthcare Sector Index gaining about 0.8% while shares of
healthcare companies in the S&P 500 were up about 0.4% as a
In company news, Mylan (
) was edging lower in Friday afternoon trading after the drug-maker
said its Agila Specialties Private Ltd subsidiary voluntarily
recalled 10 lots of its Etomidate anesthetic.
The lots include 10 milliliter and 20 milliliter injections. The
company initiated the recall on Thursday after discovering the
potential for small black particles - identified as paper shipper
labels - to be found in individual vials. All of the affected vials
were produced at Agila's facility in Warsaw, Poland, and bear a
The companies said they have not received any reports of adverse
events linked to the recalled vials.
MYL shares were down 0.2% at $46.10 each, bouncing back from an
intra-day low of $45.78 a share earlier in the session. The stock
has a 52-week range of $27.66 to $46.73 a share, hitting its
high-water mark for the past year on Jan. 22. PFE shares were up
0.8% today at $31.96.
In other sector news,
(+) LCAV, Climbs to new 52-week high after agreeing to $106.4
mln buyout from PhotoMedex (
). LCAV shareholders will receive $5.37 a share - a 34% premium
over Wednesday's close. Deal seen adding to PHMD FY14 earning.
(-) ADAT, Narrows net loss by 36% from the same quarter last
year, recording $0.07 per share loss in fiscal Q2. Revenue
increases 39% over year-ago period to $1.5 million. No analyst
estimates were available for comparison.
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