Health Care Sector Update for 12/06/2018: APHA, CGC, RSLS, JNJ, PFE, MRK, ABT, AMGN
Top Health Care Stocks:
Health care stocks were retreating pre-market Thursday.
Stocks moving on news include:
(-) Aphria ( APHA ), which was down nearly 14% as it appointed a special committee of independent directors to review the company’s completed acquisition of LATAM Holdings Inc. and confirm its belief that it conformed with policies and corporate governance practices.
(-) Canopy Growth Corporation ( CGC ) was lower by more than 8% as it finalized an all-cash transaction to acquire Storz & Bickel GmbH & Co. KG, related entities, and IP for 145 million euros.
(+) ReShape Lifesciences ( RSLS ) was up more than 3% as the medical device manufacturer said it is further expanding its ReShape Balloon weight loss business in the Middle East.
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