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Health Care Sector Update for 01/02/2019: PRQR, PTLA, NTEC, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: -0.82%

PFE: -1.01%

ABT: -2.39%

MRK: -0.79%

AMGN: Flat

Health care stocks were flat-to-lower in Wednesday's pre-bell trade.

Stocks moving on news include:

(+) ProQR Therapeutics ( PRQR ), which was almost 3% higher after it announced that it received Fast Track designation from the US Food and Drug Administration for QR-421a for vision loss.

(-) Portola Pharmaceuticals ( PTLA ) was down over 3% as it said in an 8-K filing with the Securities and Exchange Commission that John Lawrence has resigned as its chief medical officer, effective immediately.

In other sector news:

(+) Intec Pharma ( NTEC ) was slightly higher as it reported the dosing of the first patient in a phase 1 trial of AP-THC, its proprietary pill platform containing synthetic tetrahydrocannabinol, one of the primary cannabinoids contained in cannabis.

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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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