Health-care companies fell, but not by as much as the broad market, as investors sought out defensive sectors because of lingering concerns about Covid-19 outbreaks in Europe.
Moncef Slaoui, a veteran pharmaceuticals industry executive who helped lead the U.S. government's investment in Covid-19 vaccine development, has been fired as chairman of the board of a biotechnology startup backed by GlaxoSmithKline and Google-parent Alphabet following an investigation into allegations of sexual harassment dating back several years.
Drugmaker Merck promoted Caroline Litchfield, a 30-year company veteran, to the role of finance chief after elevating the incumbent to chief executive officer.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-24-21 1714ET
