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Sector Update: Healthcare

Healthcare shares were higher pre-market trade on Friday.

In healthcare stocks news, Mylan ( MYL ) shares jumped in Friday's pre-market session, after the Financial Times reported the U.S. generic-drug producer is considering a takeover of Swedish rival Meda.

MYL was up 7.3% at $53.97 in recent pre-market trading , nearing the high end of its 52-week range of $27.66 to $57.52.

The FT article, which cited people familiar with the situation, said Mylan has appointed advisers to help it put together a deal for Meda. The process is at a preliminary stage, however, and no deal is certain, it noted.

And, IMS Health Holdings ( IMS ) priced its initial public offering of 65,000,000 shares of its common stock at an initial public offering price to the public of $20.00 per share, including 52,000,000 shares to be sold by IMS Health and 13,000,000 shares to be sold by selling shareholders.

In addition, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 9,750,000 shares of common stock at the public offering price, less underwriting discounts and commissions.

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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