Health Care Sector Update for 03/07/2019: GTXI, BPTH, CODX, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: +0.01%

PFE: -0.24%

ABT: Flat

MRK: +0.76%

AMGN: Flat

Leading health care stocks were mixed pre-market Thursday.

Stocks moving on news include:

(+) GTx ( GTXI ), which was surging by more than 81% after the company and Oncternal Therapeutics signed a definitive merger agreement that will pave the way for the formation of a clinical-stage oncology company. Under the merger deal, the stockholders of Oncternal will hold approximately 75% of the outstanding shares of common stock of the combined company.

(+) Bio-Path Holdings ( BPTH ) was gaining more than 33% in value as updated data from 17 evaluable patients in a phase 2 trial of prexigebersen for acute myeloid leukemia (AML) showed an improvement in the treatment's efficacy profile to 65% of the patients.

(+) Co-Diagnostics ( CODX ) was up more than 13% after the molecular diagnostics company said its Logix Smart ZDC Test has obtained CE mark regulatory clearance to be sold as an in vitro diagnostic for the diagnosis of Zika, dengue, and chikungunya in accepting markets.

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: BPTH , CODX , JNJ , PFE

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