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Alliance News


Biotechnology Stocks Seeing Significant Strength In Late-Day Trading

Thu, 7th Dec 2017 20:48


WASHINGTON (Alliance News) - Biotechnology stocks have moved significantly higher over the course of the trading session on Thursday, resulting in a 1.4% gain by the NYSE Arca Biotechnology Index. The advance by the index comes after it closed lower for three consecutive sessions.

Within the biotech sector, Sage Therapeutics (SAGE) is posting a substantial gain after its Phase 2 study of SAGE-217 showed a statistically significant mean reduction in the Hamilton Rating Scale for Depression.

Copyright RTT News/dpa-AFX

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