Top Health Care Stocks <\/p>\n
JNJ -0.93% <\/p>\n
PZE -1.40% <\/p>\n
MRK -0.80% <\/p>\n
ABT -0.15% <\/p>\n
AMGN -0.20% <\/p>\n
Health care stocks were leading Tuesday's markets lower, with the NYSE Health Care Sector Index dropping about 0.6% and shares of health care companies in the S&P 500 also retreating 0.8% as a group. <\/p>\n
In company news, MiMedx Group Inc. ( MDXG ) sprang higher Tuesday after late yesterday saying the U.S. Justice Department has declined to proceed in a potential whistle-blower case against the tissue-processing company over its marketing practices. <\/p>\n
The U.S. Department of Health and Human Services inspector general in late December sent a subpoena to MDXG as part of a civil investigation. MDXG said it cooperated fully with investigators, providing over 100,000 lines of electronic data to the inspector general. <\/p>\n
At the same time it disclosed the government probe, MDXG also said it had filed suit against Organogenesis Inc., alleging the rival artificial-skin company of spreading \"material misinformation\" that resulted in Veterans Administration temporarily removing some MDXG products from its supply schedule in 2013. <\/p>\n
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Health Care Sector Update for 03\/24\/2015: MDXG,ABMD,CTIX<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Top Health Care Stocks JNJ -0.93% PZE -1.40% MRK -0.80% ABT -0.15% AMGN -0.20% Health care stocks were leading Tuesday's markets lower, with the NYSE Health Care Sector Index dropping about 0.6% and shares of health care companies in the S&P 500 also retreating 0.8% as a group. In company news, MiMedx Group Inc Continue reading