Health Care Down on Earnings Doubts -- Health Care Roundup
Dow Jones04-07
Health-care companies fell as doubts about the earnings outlook for the sector offset deal activity.
Neurocrine Biosciences agreed to buy Soleno Therapeutics for $2.9 billion, giving it the first approved treatment for a rare genetic disorder that causes life-threatening hunger. It was the latest in a series of deals in the rare-disease area.
Viridian Therapeutics shares fell after rival Amgen posted positive results for its eye-disease treatment, Tepezza.
Obesity drug makers Novo Nordisk and Eli Lilly fell as competition in the weight-loss category continued to intensify.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 06, 2026 17:15 ET (21:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments