Health Care Sector Update for 01/16/2019: APTX, KTOV, STML, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: -0.03%

PFE: -0.02%

ABT: Flat

MRK: Flat

AMGN: -0.03%

Health care stocks were declining in pre-market trading Wednesday.

Early movers include:

(-) Aptinyx ( APTX ), which was plunging more than 65% after i t report ed that top-line results from a phase 2 clinical study of NYX-2925 in subjects with painful diabetic peripheral neuropathy (DPN) failed to meet the study's primary endpoint.

(-) Kitov Pharmaceuticals Holdings ( KTOV ) was down more than 16% after reporting new findings from its ongoing collaboration with the Hebrew University of Jerusalem, which demonstrated the anti-cancer effect of NT219.

In other sector news:

(-) Stemline Therapeutics ( STML ) was down over 2% as it priced its underwritten public offering of 8.9 million shares at $9.00 per share, with expected gross proceeds of $80 million.

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

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This article appears in: Investing , US Markets
Referenced Symbols: APTX , KTOV , STML , JNJ , PFE

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