Markets

Health Care Sector Update for 12/26/2018: GNMK, TEVA, CAPR, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks:

JNJ: +0.37%

PFE: +0.35%

ABT: +0.20%

MRK: Flat

AMGN: Flat

Pre-bell Wednesday saw advancing health care stocks.

Moving stocks include:

(+) GenMark Diagnostics ( GNMK ), which was up more than 4% after it received FDA 510(k) market clearance from the FDA for its ePlex "blood culture identification fungal pathogen" (BCID-FP) panel.

(+) Teva Pharmaceuticals ( TEVA ) was higher by more than 4% after an Neos Therapeutics ( NEOS ) unveiled a "confidential" settlement and licensing agreement with the company.

(-) Capricor Therapeutics ( CAPR ) was slumping by more than 8% after it said in a regulatory filing that it has put its HOPE-2 clinical trial on a voluntary dosing hold pending an ongoing safety review. The company said a patient experienced a severe allergic reaction after being infused with a blinded investigational product for treating advanced stages of Duchenne muscular dystrophy.

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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