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Health Care Sector Update for 03/19/2019: TYHT, ALT, AQB, JNJ, PFE, MRK, ABT, AMGN

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Top Health Care Stocks:

JNJ: -0.40%

PFE: + 0.10%

ABT: Flat

MRK: Flat

AMGN: -0.14%

Tuesday pre-market saw mixed health care heavyweights.

Early movers include:

(+) Shineco ( TYHT ), which was surging more than 111% after the company announced the establishment of its new Beijing Tenjove Newhemp Biotechnology unit to tap into the industrial cannabis market.

(+) Altimmune ( ALT ) was advancing by almost 40% after announcing that data from the phase 2 extension study of its NasoVAX intranasal influenza vaccine candidate showed that 100% of the evaluated subjects remained seroprotected, and the seroconversion rate was unchanged more than one year after vaccination.

(-) AquaBounty Technologies ( AQB ) was declining by more than 20% as it priced its previously announced underwritten public offering of 3,345,282 shares of common stock at $2.25 per share.

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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