Health Care Climbs as Pfizer, GSK Rise -- Health Care Roundup

Health-care companies rose after generally strong earnings.

Pfizer shares surged, rising by more than 5%, after the drug giant said sales of blood thinner Eliquis and oncology drugs offset a slide in sales of its Paxlovid Covid 19 treatment.

CVS shares fell to a three-year low after the drug-store chain and insurance firm said up-take at its Medicare business weighed on first-quarter earnings.

GSK shares rose after the British drug giant said demand for HIV drugs, and vaccines for various conditions including RSV boosted quarterly sales.

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(END) Dow Jones Newswires

05-01-24 1740ET