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Sector Update: Shares Flat Pre-Market; TG Therapeutics Sinks 5% on Preliminary Clinical Results

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Top Healthcare stocks:

JNJ: flat

PFE: +0.10%

ABT: flat

MRK: flat

AMGN: flat

Healthcare shares were fairly flat in pre-market trade on Friday.

In healthcare stocks news, Aratana Therapeutics ( PETX ) late Thursday announced an agreement to gain exclusive rights to sell and develop a treatment for pain and inflammation of osteoarthritis in dogs based on Vet-Stem's allogeneic stem cell therapy technology. If approved, Vet-Stem's technology will be the first FDA-regulated, "off the shelf" regenerative cell therapy for the treatment of osteoarthritis in dogs.

And, TG Therapeutics, Inc. ( TGTX ), a clinical-stage biopharmaceutical company, shares were down about 5% after it announced preliminary clinical results from its ongoing Phase 2 study of TG-1101, the company's novel glycoengineered anti-CD20 monoclonal antibody, in combination with ibrutinib,

The oral BTK inhibitor from Pharmacyclics/Janssen. Data from the Phase 2 study is being presented during the 19th Annual European Hematology Association meeting being held in Milan, Italy.

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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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