Health Care Sector Update for 01/04/2019: FLKS, NVAX, ESPR, JNJ, PFE, ABT, MRK, AMGN

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Top Health Care Stocks:

JNJ: +0.75%

PFE: +0.86%

ABT: +0.50%

MRK: +0.89%

AMGN: +1.43%

Health care stocks were mostly higher in pre-market trading Friday.

Stocks moving on news include:

(+) Flex Pharma ( FLKS ), which was surging more than 38% off a trading halt. The company said it has agreed to merge with privately held cancer drug developer Salarius.

(+) Novavax ( NVAX ) was up more than 7% after reporting “positive” results from its mid-stage clinical trial of NanoFlu.

(+) Esperion Therapeutics ( ESPR ) was slightly higher after unveiling a licensing agreement to provide Daiichi Sankyo Europe with exclusive rights to commercialize bempedoic acid and the bempedoic acid/ezetimibe combination pill in the European Economic Area and Switzerland.

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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