Health Care Sector Update for 12/10/2018: AXON, MRNS, RARX, JNJ, PFE, MRK, ABT, AMGN

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Top Health Care Stocks:

JNJ: +0.01%

PFE: +0.02%

ABT: Flat

MRK: +0.51%

AMGN: +0.41%

Health care stocks were mostly gaining in pre-market trading Monday.

Early movers include:

(-) Axovant Sciences ( AXON ), which was sinking by more than 22% after the company said its phase 2 clinical study of nelotanserin for the treatment of REM sleep behavior disorder (RBD) in patients with Lewy body dementia (LBD) failed to meet the primary efficacy endpoint of reduction in frequency of RBD events as measured by sleep laboratory video assessment.

(+) Marinus Pharmaceuticals ( MRNS ) was higher by more than 8% after the biopharmaceutical company reported positive results from its phase 2 clinical trials evaluating ganaxolone intravenous and oral in women with postpartum depression.

(+) Ra Pharmaceuticals ( RARX ) was more than 7% higher as it reported that its phase 2 clinical trial evaluating zilucoplan for the treatment of generalized myasthenia gravis (gMG) achieved clinically meaningful and statistically significant reductions in both the primary and key secondary endpoints for both zilucoplan dose groups tested versus placebo at 12 weeks.

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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