Sector Update: Health Care

MT Newswires Live09-02

Health care stocks were flat to lower premarket Tuesday, with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund (XLV) down 0.5%.

Ionis Pharmaceuticals (IONS) shares were up more than 17% after the company said topline data from phase 3 studies of olezarsen showed that the drug candidate significantly reduced fasting triglycerides and acute pancreatitis events in patients with severe hypertriglyceridemia.

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