Health Care Up Amid Deal Activity -- Health-Care Roundup

Features Dow Jones Newswires

Shares of health-care companies rose amid deal activity in the pharmaceutical services niche. Lab-equipment company Thermo Fisher Scientific agreed to buy Patheon, a maker of technology used in drug development, for about $5.2 billion. Generic drug makers could face increased competition as the Food and Drug Administration seeks to accelerate approvals to address concerns about drug prices, said analysts at brokerage RBC.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 15, 2017 16:18 ET (20:18 GMT)