Markets

Health Care Sector Update for 06/29/2015: ZSAN, PTX, OVAS

Top Health-care stocks:

JNJ: flat

PFE: flat

ABT: flat

MRK: flat

AMGN: -1.1%

Health-care shares were mainly inactive in pre-market trade on Monday.

In health-care stocks news, Zosano Pharma ( ZSAN ) Monday reported it secured $15.0 million in debt financing through Hercules Technology Growth Capital ( HTGC ), and issued warrants to the lender.

Shares in the company were unchanged at $7.40 during pre-market trading . Over the past 52 weeks, it has traded between $7.09 and $12.40.

Meanwhile, Pernix Therapeutics Holdings ( PTX ) shares were initiated by Brean Capital with buy rating and a price target set at $17.

Shares in the company were unchanged at $5.66 during pre-market trading. Over the past 52 weeks, the company has traded between $5.06 and $12.88.

And coverage of fertility company Ovascience, Inc. ( OVAS ) has been initiated by analysts at JPMorgan with a neutral rating and a price target of $40 a share. The price target on the stock represents a potential upside of 34% from its Friday closing price.

Shares in the company were flat at $29.86 during pre-market trading. Over the past 52 weeks, the company has traded between $8.66 and $55.69.

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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