Health Care Sector Update for 11/19/2018: SNOA, GSK, PFE, MRK, ABT, AMGN, JNJ
Top Health Care Stocks:
Health care stocks were showing little movement in Pre-bell trading Monday.
Early movers include:
(-) Sonoma Pharmaceuticals ( SNOA ), which was tumbling more than 22% after it priced a best efforts public offering of units, consisting of one share of common stock and one half of one warrant, at $1 per unit, a 9% discount to the stock’s closing price on Friday.
In other sector news:
(+) GlaxoSmithKline ( GSK ) was slightly up after it filed a supplemental Biologics License Application (sBLA) to the US Food and Drug Administration seeking an additional indication for the use of Nucala as an add-on treatment for severe eosinophilic asthma in pediatric patients aged six to 11 years.
(=) Pfizer ( PFE ) and Merck KGaA said the companies’ phase 3 trial of avelumab alone or in combination with chemotherapy failed to meet its primary endpoints of overall survival and progression-free survival in certain types of ovarian cancer. Pfizer was unchanged after the news.
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