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

Shutterstock photo

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.

Copyright (C) 2016 All rights reserved. Unauthorized reproduction is strictly prohibited.

Zeen is a next generation WordPress theme. It’s powerful, beautifully designed and comes with everything you need to engage your visitors and increase conversions.

Wealth Empire Newsletter
Register now for free updates and alerts

Subscribe By

Note: I have the ability to revoke this permission at any time and ask for the removal of my personal data collected by contacting us or simply clicking Unsubscribe.