Health Care Sector Update for 03/21/2019: BIIB, OGEN, NVCN, JNJ, PFE, ABT, MRK, AMGN
Top Health Care Stocks:
Top health care stocks were retreating pre-market Thursday.
Early movers include:
(-) Biogen ( BIIB ), which was down more than 27% after the company and Eisai said they were ending two phase 3 trials of the Alzheimer’s treatment aducanumab as an independent study said the drug was unlikely to meet its primary endpoint.
(-) Oragenics ( OGEN ) was dropping more than 30% in value after it priced its previously announced underwritten public offering of 16.7 million shares of common stock, short-term warrants to purchase 8.3 million shares of common stock, and long-term warrants to purchase 8.3 million shares of common stock, at $0.75 per share and accompanying warrants for gross proceeds of $12.5 million.
(+) Neovasc ( NVCN ) was more than 18% higher after the company said a court in Germany dismissed a case against the company filed by Edwards Lifesciences CardiAQ LLC.
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 MTNewswires.com. 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.
Go to Appearance > Customize > Subscribe Pop-up to set this up.
Wealth Empire Newsletter
Register now for free updates and alerts
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.