Health Care Sector Update for 01/09/2018: JNJ, PFE, ABT, MRK, AMGN, PSTI, AXSM, BSX, ILMN, GENE, GNMK, BHVN

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Top Health-care stocks:

JNJ: flat

PFE: flat

ABT: flat

MRK: +0.3%

AMGN: +0.4%

Health care shares were poised for a positive start ahead of the bell on Tuesday.

Expected movers:

- Pluristem Therapeutics ( PSTI ): gets FDA clearance of EAP for PLX-PAD cells in critical limb ischemia

- Axsome Therapeutics ( AXSM ): AXS-02 independent data monitoring committee recommends discontinuation of CREATE-1 trial

- Merck & Company ( MRK ): breakthrough therapy designation for Keytruda/Lenvima combination

- Boston Scientific ( BSX ): Q4, FY17 sales above Street estimates

- Illumina ( ILMN ): signs deal with Thermo Fisher Scientific (TMO) to sell Ion AmpliSeq technology

- Genetic Technologies Ltd (GENE): regains Nasdaq listing compliance

Other news:

- GenMark Diagnostics (GNMK): company says preliminary data show FY17 sales, Q4 sales to beat forecast

- Biohaven (BHVN): says ALS drug shows potential in bioequivalence study

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , US Markets
Referenced Symbols: PSTI , AXSM , MRK , BSX , ILMN

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