Health Care Sector Update for 03/29/2019: SEEL, VTVT, AZN, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: +0.06%

PFE: +0.26%

ABT: +0.39%

MRK: -0.27%

AMGN: Flat

Most health care giants were trading higher pre-bell Friday.

Stocks moving on news include:

(+) Seelos Therapeutics ( SEEL ), which was surging almost 30% on the acquisition of two new programs after completing its reverse merger with Apricus BioSciences in January this year.

(+) Vtv Therapeutics ( VTVT ) was up more than 7% after the firm said Chief Scientific Officer Carmen Valcarce will present positive results from the azeliragon phase 3 Steadfast study at the 14th International Conference on Alzheimer's & Parkinson's Diseases in Lisbon, Portugal.

(-) Astrazeneca ( AZN ) was declining by more than 6% on plans for a $3.5 billion offering of ordinary shares to help finance parts of a potential $6.9 billion deal struck with Japan-based drug-maker Daiichi Sankyo to co-develop anti-cancer treatments.

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: SEEL , VTVT , AZN , JNJ , PFE

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