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Health Care Sector Update for 01/26/2015: HTBX,ATNM,MSTX

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Top Health Care Stocks

JNJ -0.14%

PZE +0.57%

MRK +0.35%

ABT +0.50%

AMGN -0.26%

Health care stocks were slightly higher with the NYSE Health Care Sector Index climbing about 0.1% and shares of health care companies in the S&P 500 advancing about 0.2% as a group.

In company news, Heat Biologics ( HTBX ) rallied Monday after the biotech company today presented positive immunological data on its HS-410 drug candidate in certain forms of bladder cancer.

According to the company, one of the patients participating in the Phase I trial showed a 70-fold rise in CD8+ "killer" T cell after six weeks of HS-140 treatment following surgery and growing to 750-fold increase after 21 weeks of treatment.

The patient remains disease-free, HTBX said. A second patient experienced a non-specific immune infiltrate after seven weeks although a repeat biopsy at 13 weeks showed no further increase in the immune infiltrate.

HTBX shares were up nearly 42% at $5.78 each, easing slightly from a session high at $6.18 a share. The stock has traded within a 52-week range of $3.60 to $8.50 a share, dropping about 48% over the past 12 months prior to today's surge.

In other sector news,

(+) ATNM, Seeks pre-Investigational New Drug application meeting with FDA for its lomab-B drug candidate ahead of the start of Phase III testing of the bone-marrow drug administered before transplants in patients with certain forms of leukemia.

(-) MSTX, Chief Operating Officer Patrick Keran announces plans to leave the company by Feb. 28. The company did not immediately name a successor.

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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