US Markets

Health Care Sector Update for 06/13/2019: SVRA, TNXP, PRVB, JNJ, PFE, ABT, MRK, AMGN

Top Health Care Stocks:

JNJ: Flat

PFE: +0.02%

ABT: -0.06%

MRK: +0.54%

AMGN: Flat

Health care heavyweights were mixed pre-bell Thursday.

Stocks moving on news include:

(-) Savara (SVRA), which was plunging more than 74% after saying a late-stage trial of Molgradex for the treatment of autoimmune Alveolar Pulmonary Proteinosis (aPAP) did not meet its primary endpoint.

(+) Tonix Pharmaceuticals Holding (TNXP) was gaining more than 1% in value after saying the China National Intellectual Property Administration issued a patent for the eutectic that characterizes its investigational drug to treat post traumatic stress disorder, fibromyalgia and agitation in Alzheimer's disease.

(+) Provention Bio (PRVB) was 3% higher after the company cancelled its previously announced public offering of 5.5 million common shares.

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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