Health Care Sector Update for 12/04/2018: CLVS, CRON, MO, PSTI, JNJ, PFE, MRK, ABT, AMGN

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Top Health Care Stocks:

JNJ: Flat

PFE: -0.22%

ABT: -0.04%

MRK: Flat

AMGN: +0.03%

Health care stocks were narrowly mixed in Tuesday’s pre-bell trade.

Moving stocks include:

(+) Clovis Oncology ( CLVS ), which was over 7% higher after the European Patent Office upheld claims of its European Patent in amended form covering certain crystalline forms of rucaparib camsylate, including the crystalline form in cancer drug Rubraca.

(+) Cronos Group ( CRON ) was up more than 7% after it confirmed talks with Altria Group ( MO ) about a potential investment.

In other sector news:

(+) Pluristem Therapeutics ( PSTI ) was slightly higher as it signed a license agreement with a subsidiary of Chart Industries Inc. for Pluristem’s thawing device for cell-based therapies.

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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