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Health Care Up on Inflationary Bias — Health Care Roundup

Health-care companies rose as traders bought into sectors that stand to gain from inflationary trends.

Health-care conglomerate Johnson & Johnson won bankruptcy court approval to keep on hold lawsuits brought by New Mexico and Mississippi that accuse the consumer-health giant of concealing cancer-causing material in its products.

Avenue Therapeutics plunged after the drug developer filed plans for a follow-on offering of warrants and stock.

 

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

(END) Dow Jones Newswires

October 05, 2022 17:01 ET (21:01 GMT)

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