Health Care Sector Update for 02/11/2019: FBIO, CTIC, TEVA, NVCN, JNJ, PFE, MRK, ABT, AMGN

Shutterstock photo

Top Health Care Stocks:

JNJ: -0.11%

PFE: +0.17%

ABT: Flat

MRK: +0.36%

AMGN: Flat

Pre-market Monday saw flat to higher health care stocks.

Early movers include:

(+) Fortress Biotech ( FBIO ), which was advancing by more than 9% after its subsidiary Avenue Therapeutics ( ATXI ) completed the first stage closing of its acquisition agreement with InvaGen Pharmaceuticals, a subsidiary of Indian pharmaceutical company Cipla Limited.

(+) CTI BioPharma ( CTIC ) was 11% higher after it said it had received a $10 million payment from Teva Pharmaceutical ( TEVA ) related for the achievement of sales milestones for Trisenox (arsenic trioxide).

(+) Neovasc ( NVCN ) was up almost 3% as i t report ed that the Pierangeli Clinic of Pescara, Italy, has initiated a program to provide its patients access to the Neovasc Reducer, a medical device for the treatment of refractory angina.

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: FBIO , ATXI , CTIC , TEVA , NVCN

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities

Research Brokers before you trade

Want to trade FX?