Health-care companies were more or less flat as traders rotated into sectors less sensitive to economic growth and Federal Reserve policy.
Novo Nordisk slashed prices for its obesity drugs months before an agreement with the Trump administration mandating that it lower its GLP-1 prices takes effect.
Johnson & Johnson agreed to buy clinical-stage biotechnology company Halda Therapeutics for $3.05 billion in cash in a deal that bolsters the healthcare giant's oncology pipeline. It was the latest in a long series of deals in which Big Pharma companies expand their portfolios by snapping up smaller biotech rivals.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-17-25 1709ET



















