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Health Care Up on Session, Down on Week, Amid Regulatory Risk — Health Care Roundup

Health-care companies ticked up, but lost ground during a generally positive week for the stock market amid fears about the implications of a tight presidential race for health-care regulation.

Johnson & Johnson's hopes to use a bankruptcy filing to resolve one of the largest-ever mass torts is complicated by a clash between two Southern lawyers who each claim to speak for nearly 12,000 gynecological cancer victims, The Wall Street Journal reported.

Alzheimer's drug developer Cassava Sciences agreed to pay $40 million to settle regulatory claims that it misled investors about the results of a clinical trial that showed promise for its drug, Simufilam.

Regeneron Pharmaceuticals and Sanofi have won U.S. Food and Drug Administration expanded approval of their blockbuster anti-inflammatory drug, Dupixent, in chronic obstructive pulmonary disease.

 

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

(END) Dow Jones Newswires

September 27, 2024 17:40 ET (21:40 GMT)

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