Health Care Sector Update for 02/01/2019: TTNP, CTIC, OPK, JNJ, PFE, MRK, ABT, AMGN
Top Health Care Stocks:
Health care stocks were flat to higher pre-market Friday.
Stocks moving on news include:
(+) Titan Pharmaceuticals ( TTNP ), which was surging 72% after saying it has successfully completed the transition of the Probuphine implant program from Braeburn Pharmaceuticals. The company reported a double-digit increase in total product shipments in the period following its assumption of responsibility for Probuphine sales in mid-June 2018.
(-) CTI BioPharma ( CTIC ) was declining more than 16% amid plans to withdraw its European Marketing Authorization Application for the drug pacritinib as a treatment for myelofibrosis, a type of bone malady.
(-) Opko Health ( OPK ) was down more than 4% as the pharmaceutical and diagnostics company suspended its phase II trial evaluating the drug OPK-88004 to treat benign prostatic hyperplasia.
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