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Health Care Sector Update for 04/07/2021: FGEN,NMTR,NVST,IDCC

Apr 07, 2021 - Nasdaq

Health care stocks were edging lower this afternoon, with the NYSE Health Care Index falling 0.1% while the SPDR Health Care Select Sector ETF was down 0.4%.

The Nasdaq Biotechnology index also was sinking 1.2%. In company news, FibroGen (FGEN) plunged Wednesday, at one point dropping over 40% to its lowest share price since November 2016, after saying it "cannot conclude" its roxadustat drug candidate to treat dialysis-related anemia reduces the risk of heart attacks, stroke and other maj...