Health-care companies fell sharply amid signs that the peak of pandemic-era growth was behind it.

Walgreens Boots Alliance said first-quarter earnings contracted, reflecting lower sales of Covid 19 tests and higher wage expenses triggered by worker shortages.

Shares of Monopar Therapeutics lost more than half of their value and hit an all-time low Tuesday following the failure of the clinical-stage biopharmaceutical company's lead candidate.

OncoSec Medical shares fell sharply after the biotech concern scheduled a follow-on offering of shares and warrants.


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

(END) Dow Jones Newswires

03-28-23 1702ET