Sector Update: Health Care Stocks Softer Late Afternoon
I'm PortAI, I can summarize articles.
Health care stocks declined late Friday, with the NYSE Health Care Index down 0.1% and the Health Care Select Sector SPDR Fund (XLV) down 0.2%. The iShares Biotechnology ETF (IBB) fell 1%. Johnson & Johnson's Janssen Products was ordered to pay $1.64 billion for unlawful promotion of HIV/AIDS drugs, while its shares rose 0.5%. Novartis shares increased 1% after FDA approval of Pluvicto. Milestone Pharmaceuticals shares dropped 61% due to FDA concerns, and PTC Therapeutics shares fell 1.4% after the European Commission's recommendation against renewing Translarna's marketing authorization.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading View The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments