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Health Care Sector Update for 10/16/2018: PRPO, PSTI, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks:

JNJ: +0.04%

PFE: +0.37%

ABT: +1.08%

MRK: +0.37%

AMGN: +0.61%

Health care stocks were gaining pre-bell Tuesday.

Early movers include:

(+) Precipio ( PRPO ), which was 34% higher as the cancer diagnostics company said preliminary Q3 revenue is expected at $648,000, an increase of roughly 140% from $270,000 in Q3 2017.

(+) Pluristem Therapeutics ( PSTI ) was up more than 3% after unveiling an agreement with WideTrial to initiate a Food and Drug Administration-cleared expanded access program (EAP) for Pluristem's cell therapy product, PLX-PAD, to treat critical limb ischemia ( CLI ).

In other sector news:

(+) Johnson & Johnson ( JNJ ) was marginally higher after it reported Q3 adjusted earnings of $2.05 per share, up from $1.90 in the same period a year ago and topping the estimate of $2.03 from analysts polled by Capital IQ.

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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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