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Health Care Down as Inflation Hedges Sink -- Health Care Roundup

07/05/2022 | 05:03pm EDT

Health-care companies fell as traders rotated out of sectors considered hiding places from inflation concerns.

CureVac is suing German peer BioNTech over intellectual property rights linked to mRNA technology, putting the Covid-19 vaccine developed by Pfizer and BioNTech in court jeopardy.

The highly contagious Omicron BA.5 subvariant has taken over as the dominant version of the virus causing new Covid-19 cases in the U.S.

A federal judge ruled that three large drug distributors -- McKesson, AmerisourceBergen and Cardinal Health -- couldn't be held liable for the opioid crisis in a West Virginia city and county.


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

(END) Dow Jones Newswires

07-05-22 1702ET

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