Health Care Sector Update for 06/18/2019: BHVN, GTHX, PHAS, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: +0.44%

PFE: +0.19%

ABT: +0.51%

MRK: Flat

AMGN: +0.62%

Most health care giants were gaining pre-bell Tuesday.

Early movers include:

(-) Biohaven Pharmaceutical Holding ( BHVN ), which was tumbling more than 28% amid plans to sell in an underwritten public offering $300 million shares. It also plans to grant the underwriters a 30-day option to purchase up to an additional $45 million shares.

(+) G1 Therapeutics ( GTHX ) was up more than 20% after saying preliminary results from a phase 2 trial showed that women with metastatic triple-negative breast cancer "lived significantly longer" when treated with the company's trilaciclib and chemotherapy compared with chemotherapy alone.

(+) PhaseBio Pharmaceuticals ( PHAS ) was advancing more than 10% after the clinical-stage biopharmaceutical company reported "positive" preliminary data from its phase 2a clinical trial of PB2452.

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: BHVN , GTHX , PHAS , JNJ , PFE

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