Health Care Stocks Higher On Regulatory Hopes - Health Care Roundup

Shares of health-care companies rose as traders bet the sector would benefit from the outcome of Senate negotiations on the health-care bill. There were also hints earlier in the week of a more expedited approach to Food and Drug Administration approval processes emerging under new leadership. Shares of Johnson & Johnson rose after the drug giant received approval for a psoriasis product, which will come with a hefty price tag. Mylan ticked up after the FDA approved its generic version of Roche Holdings' breast cancer drug Herceptin.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

July 14, 2017 16:21 ET (20:21 GMT)