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Health Care Sector Update for 12/19/2017: JNJ, PFE, ABT, MRK, AMGN, THC, KND, MYL, ONTX, AMRN

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Top Health-care stocks:

JNJ: flat

PFE: flat

ABT: flat

MRK: -0.1%

AMGN: flat

Health care shares were slightly higher in pre-market trading Tuesday.

Expected movers:

- Tenet Healthcare Corporation ( THC ): fell in pre-bell trading after it unveiled a process to explore a potential sale of Conifer and issued a downbeat outlook for 2018

- Kindred Healthcare ( KND ): to be acquired by TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. for $9.00 per share in cash

- Mylan ( MYL ): Europe's EMA regulator recommends company's generic version of Shire's ( SHPG ) Xagrid

- Onconova Therapeutics ( ONTX ): signs license and collaboration agreement with HanX Biopharmaceuticals for ON 123300

Other news:

- Amarin (AMRN): says final patient visits to start in March for REDUCE-IT cardiovascular outcomes study.

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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