Markets

Health Care Sector Update for 04/06/2015: ARIA, BIOD, ADXS

Top Health-care stocks:

JNJ: -0.1%

PFE: flat

ABT: flat

MRK: flat

AMGN: -0.2%

Health-care shares were generally unchanged in pre-market trade Monday.

In health-care stocks news, ARIAD Pharmaceuticals ( ARIA ), a pharmaceutical company focused on oncology, said Health Canada has approved the use of Iclusig in Canada for the treatment of adult patients with all phases of chronic myeloid leukemia or Philadelphia chromosome-positive acute lymphoblastic leukemia for whom other tyrosine kinase inhibitor therapy is not appropriate.

Shares in the company were trading 3.6% higher at $8.47 during pre-market trading . Over the past 52 weeks, the company has traded between $4.90 and $9.19.

Meanwhile Biodel ( BIOD ), a specialty pharmaceutical company, said results from a formative human factors study of its Glucagon Emergency Management (GEM) device demonstrated substantial improvement in ease-of-use and successful delivery of the full dose, as well as a reduction in dosing errors, when compared to commercially available glucagon kits in diabetes patients experiencing severe hypoglycemia.

Shares in the company were trading 3.4% higher at $1.23 during pre-market trading. Over the past 52 weeks, the company has traded between $1.14 and $2.93.

Advaxis ( ADXS ), a clinical stage biotechnology company focused on cancer immunotherapies, said it's entering into a clinical trial collaboration agreement with the Radiation Therapy Oncology Group Foundation to evaluate the safety and efficacy its lead cancer immunotherapy, ADXS-HPV in a Phase 2/3 anal cancer trial.

Shares in the company were trading 0.6% higher at $15.75 during pre-market trading. Over the past 52 weeks, the company has traded between $2.46 and $15.92.

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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