Health Care Sector Update for 01/03/2019: CELG, BMY, KTOV, OHRP, JNJ, PFE, MRK, ABT, AMGN



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Top Health Care Stocks:

JNJ: -0.45%

PFE: -0.44%

ABT: Flat

MRK: -0.38%

AMGN: -0.31%

Pre-market Thursday saw lower health care stocks.

Early movers include:

(+) Celgene ( CELG ), which was over 33% higher after Bristol-Myers Squibb ( BMY ) said it would acquire the company in a cash and stock transaction valued at about $74 billion. Bristol-Myers was down more than 9% after the news.

(+) Kitov Pharmaceuticals Holdings ( KTOV ) was up by over 54% after unveiling an exclusive 15-year marketing and distribution agreement with Coeptis Pharmaceuticals for the US market.

(+) Ohr Pharmaceuticals ( OHRP ) was surging past 65% after the company said it has agreed to merge with NeuBase Therapeutics Inc. Stockholders of NeuBase would become the majority holders of the combined company.


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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