Markets

Health Care Sector Update for 03/08/2018: ESRX, VBLT, CRVS, RWLK, MRK

Top Health-care stocks:

JNJ: +0.2%

PFE: flat

ABT: +0.3%

MRK: flat

AMGN: flat

Health care shares were tipping higher ahead of the bell on Thursday.

Expected movers:

- Express Scripts ( ESRX ): to be bought by Cigna ( CI ) for $67 billion

- Vascular Biogenics ( VBLT ): phase 3 trial of glioblastoma treatment fails to meet primary endpoint

- Corvus Pharmaceuticals ( CRVS ): plans to sell up to $50 million shares in underwritten public offering

- ReWalk Robotics ( RWLK ): Q4 loss narrows vs yr-ago, revenue declines

Other news:

- Merck & Co. (MRK): to collaborate with Eisai on commercialization of treatment for hepatocellular carcinoma

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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