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Health Care Down Amid Elective-Procedure Fears -- Health Care Roundup

11/18/2020 | 04:42pm EST

Health-care companies fell as investors grew concerned about the implications of a new round of coronavirus lockdowns for elective medical procedures.

Shares of hospital chains such as HCA and Tenet Healthcare fell. Drug giant Pfizer said it will ask health regulators to authorize its experimental Covid-19 vaccine within days, after reporting the shot was 95% effective in its pivotal study and showing signs of being safe.

Shares of Pfizer tested recent highs near $37, while its German partner, BioNTech, whose business fortunes are more closely tied to the vaccine's commercial potential, rose by more than 4%.

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

(END) Dow Jones Newswires

11-18-20 1641ET

Stocks mentioned in the article
ChangeLast1st jan.
BIONTECH SE 2.86% 108.44 Delayed Quote.33.02%
PFIZER INC. 0.19% 36.55 Delayed Quote.-0.71%
TENET HEALTHCARE CORPORATION 1.38% 50.74 Delayed Quote.27.07%
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