Sector Update: Healthcare
Healthcare shares were fairly flat in pre-market trade on Wednesday.
In healthcare stocks news, Progenics Pharmaceuticals ( PGNX ) trading has been halted by NASDAQ as the U.S. Food and Drug Administration's Anesthetic and Analgesic Drug Products Advisory Committee meets starting at 8 a.m.
The committee will meet to discuss the potential cardiovascular risk associated with products in the class of peripherally-acting opioid receptor antagonists and the necessity, timing, design and size of cardiovascular outcomes trials to support approval of products in the class for the proposed indication of opioid-induced constipation in patients taking opioids for chronic pain
And, Auxilium Pharmaceuticals ( AUXL ) , a fully integrated specialty biopharmaceutical company, said Wednesday that it has partnered with generic pharmaceuticals manufacturer Prasco, LLC to introduce an authorized generic version of Testim (testosterone gel).
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