Health Care Up as Price Hikes Seen -- Health Care Roundup

Features Dow Jones Newswires

Shares of health-care companies rose as traders bet drug makers would pass on more price increases this year as controversy dies down.

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Shares of Biogen rose after an analyst at brokerage RBC Capital Markets said recent price hikes could give the biotech company's valuation a lift.

Achaogen rose after the company said the Food and Drug Administration plans to review its therapy for complicated urinary tract infections.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

January 02, 2018 16:37 ET (21:37 GMT)