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Health Care Down on Growth Doubts — Health Care Roundup

Health-care companies fell as traders hedged their bets on the outlook for growth in the sector.

Reckitt Benckiser lost almost $7 billion in market value after a jury in an Illinois court sided with a plaintiff in a case relating to its Enfamil infant formula.

Novo Nordisk shares retreated and the fast-growing Danish obesity drug maker finished the week in the red, though its shares have appreciated by more than 6.5% in the last 30 days alone.

 

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

(END) Dow Jones Newswires

March 15, 2024 17:56 ET (21:56 GMT)

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