Sector Update: Healthcare

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Healthcare shares were mixed in pre-market trade Friday.

In healthcare stocks news, Isis Pharmaceuticals ( ISIS ) shares were up 6% after it said a study of its ISIS-SMN Rx drug in children with spinal muscular atrophy showed an average increase of 3.7 points observed in muscle function score.

The children were treated with 9 pm of the drug, which also showed dose-dependent increases in SMN protein levels in children treated with ISIS-SMNRx from both single- and multiple-dose studies. Isis said the drug was well tolerated at all dose levels.


And, Teleflex Inc. ( TFX ), a provider of medical technology products, said Q4 adjusted profit rose 18.3%, topping analysts' forecasts, helped by the acquisitions of Vidacare and LMA International, a gain in average selling prices and new products.

Q4 adjusted diluted earnings per share from continuing operations were $1.36, compared to $1.15 in the prior year period. That's above the $1.27 analyst estimate, according to Capital IQ.



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This article appears in: Investing , Commodities

Referenced Stocks: ISIS , TFX

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