Health Care Sector Update for 04/01/2019: ACST,ZIOP,MNKD,UTHR



Shutterstock photo

Top Health Care Stocks

JNJ -0.47%

PFE +0.75%

ABT -0.30%

MRK -0.07%

AMGN +1.11%

Health care stocks were little changed this afternoon, including a less than 0.1% decline for the NYSE Health Care Index in recent trade. Shares of health care companies in the S&P 500 were up about 0.1% as a group although the Nasdaq Biotechnology index was climbing almost 0.7%.

Among health care stocks moving on news:

(-) Acasti Pharma ( ACST ) was slipping Monday afternoon, falling about 0.2%. The biopharmaceuticals company said fasting subjects treated with a single 4 gram dose of its CaPre drug candidate – a highly purified omega-3 phospholipid concentrate derived from krill oil – demonstrated greater bioavailability as measured by levels of EPA and DHA in their bloodstream compared with patients treated with Lovaza, another commonly used form of omega-3.

In other sector news:

(+) ZIOPHARM Oncology ( ZIOP ) was more than 3% higher after the US Food and Drug Administration granted fast track designation for its IL-12 program for the treatment of recurrent or progressive glioblastoma multiforme, a cancer of the central nervous system, in adults.

(-) MannKind ( MNKD ) was falling 8% on Monday, giving back a small early gain. The inhaled therapeutic products said it received a $12.5 milestone payment through it collaboration agreement with United Therapeutics ( UTHR ) to develop a hypertension treatment.


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.

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.