Health Care Up on Rotation Into Laggards -- Health Care Roundup

Dow Jones06-24 06:25

Health-care companies rose as traders rotated into lagging sectors from the high-flying tech industry group.

French drug giant Sanofi received European Union approval for a new medicine for multiple sclerosis, months after it was turned down by U.S. drug regulators.

Federal health officials unveiled a package of regulatory reforms on Monday with the aim of cutting about six months to a year off the time it takes to do a safety study in the U.S., amid concerns about the increase in off-shoring pharmaceutical research and development.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

June 23, 2026 18:25 ET (22:25 GMT)

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