Health Care Sector Update for 05/15/2019: IMGN, A, ACBI, JNJ, PFE, ABT, MRK, AMGN
Top Health Care Stocks:
Leading health care stocks were flat to higher pre-market Wednesday.
Stocks moving on news include:
(-) ImmunoGen ( IMGN ), which was slumping more than 30% after the US Food and Drug Administration (FDA) recommended that the company conduct a new phase-three trial for mirvetuximab soravtansine in patients with high folate receptor alpha (FRa)-positive, platinum-resistant ovarian cancer.
(-) Agilent Technologies ( A ) was declining by more than 9% after it booked fiscal Q2 non-GAAP net income of $228 million, or $0.71 per share, improving year over year from $212 million, or $0.65 per share, but missing consensus estimates of $0.72 per share.
(-) Aurora Cannabis ( ACB ) was more than 4% lower after reporting a fiscal Q3 net loss of C$158.4 million, compared with the year-ago net loss of C$19.2 million.
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