Top Health Care Stocks
Health care stocks were edging higher this afternoon, with the NYSE Health Care Sector Index climbing about 0.1% and shares of health care companies in the S&P 500 also posting a 0.1% advance as a group.
In company news, Bellicum Pharmaceuticals ( BLCM ) rallied Friday after the drugmaker today was raised to Buy from Neutral in an upgrade at Guggenheim.
The Guggenheim analysts also set a $38 price target for the company's stock.
BLCM shares were up more than 3% at $18.12 each this afternoon, earlier reaching a session high of $19.24 a share.
In other sector news,
(+) ARWR, (+9.8%) Nominates ARC-HIF2 to be its first therapeutic candidate to treat clear cell renal cell carcinoma. ARC-HIF2 is delivered by a dynamic polyconjugate that targets tissues outside the liver.
(-) NWBO, (-4.7%) UK regulatory agency upholds complaint about a commercial feature in a June 2015 newspaper supplement on cancer treatments sponsored by the company, saying it promoted a drug currently not cleared for UK sales.
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