Health Care Sector Update for 12/18/2018: LXRX, LLY, APHB, JNJ, PFE, ABT, MRK, APHB

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Top Health Care Stocks:

JNJ: +2.97%

PFE: +0.09%

ABT: +1.3%

MRK: +0.2%

AMGN: Flat

Health care stocks were flat to higher in pre-market trading Tuesday.

Stocks moving on news include:

(+) Lexicon Pharmaceuticals ( LXRX ), which was up more than 4% as it reported positive topline results from its phase 1a study of LX9211, which is in development for the treatment of neuropathic pain.

In other sector news:

(+) Eli Lilly ( LLY ) was up more than 1% after saying that subgroup analyses of its Monarch 2 and 3 trials reinforced the clinical benefit of Verzenio plus endocrine therapy in the treatment of a certain type of breast cancer.

(+) AmpliPhi Biosciences ( APHB ) was marginally higher as it unveiled a tenfold increase in yield from its manufacturing process, the result of ongoing effort to enhance manufacturing efficiencies for AB-SA01, a clinical-stage lead drug product candidate.

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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