Markets

Health Care Sector Update for 03/12/2018: SVRA, SRPT, ALNY, REGN, SNY, BIIB, PFE

Top Health care stocks:

JNJ: +0.3%

PFE: +o.2%

ABT: flat

MRK: +1.0%

AMGN: -0.9%

Health care shares were mostly higher ahead of the bell on Monday.

Expected movers:

- Savara ( SVRA ): Aironite fails to meet endpoints in phase 2 heart failure trial

- Sarepta Therapeutics ( SRPT ): to complete rolling submission of Golodirsen NDA by end of 2018 following guidance from FDA

- Alnylam Pharmaceuticals ( ALNY ): Sanofi declines opt-in to global rights to Lumasiran

- Regeneron Pharma ( REGN ), Sanofi ( SNY ): said to be planning to offer discounts for cholesterol drug Praluent

Other news:

- Biogen (BIIB): to acquire from Pfizer (PFE) phase 2b ready asset for cognitive impairment associated with schizophrenia

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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