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Health Care Sector Update for 01/03/2017: AGN, ITEK, JNJ, PFE, ABT, MRK, AMGN

Top Health Care stocks:

JNJ: -0.2%

PFE: +0.5%

ABT: +2.2%

MRK: -0.03%

AMGN: +0.6%

Health care shares were mostly higher in pre-market trade Tuesday.

In health care stocks news, Inotek Pharmaceuticals ( ITEK ) were down 67.7% after the company said that top-line results of a trial of trabodenoson, the company's lead clinical candidate, did not achieve its primary endpoint. Trabodenoson is a potential new therapy for ocular hypertension (OHT) and primary open-angle glaucoma (POAG). The company said the trial did not achieve superiority in reduction of intraocular pressure (IOP) compared with a placebo.

And, Allergan ( AGN ) rose 2.6% after gaining approval from the U.S. Food and Drug Administration (FDA) to market Natrelle Inspira SoftTouch breast implants.

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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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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