Health Care Sector Update for 11/26/2018: EDGE, HMI, AZN, BHVN, MD



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Top Health Care Stocks:

JNJ: -0.6%

PFE: +0.02%

ABT: -0.09%

MRK: Flat

AMGN: +1.1%

Health care shares were mainly firmer ahead of the bell on Monday.

Expected movers:

– Edge Therapeutics ( EDGE ) rose 19% after it said it entered into a definitive merger agreement with PDS Biotechnology Corporation

– Huami ( HMI ) rose nearly 7% after reporting better-than-expected Q3 results

– AstraZeneca ( AZN ) rose marginally after it received Orphan Drug Designation ( ODD ) for Fasenra from FDA

Other news:

– Biohaven Pharmaceutical ( BHVN ) rose more than 1% after the FDA accepted its 505(b)(2) new drug application for BHV-0223

– Mednax (MD) acquired Bethesda Radiology Associates, Inc., a private radiology physician group based in Boynton Beach, Florida


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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