Health-care companies rose slightly, but incurred hefty losses for the week amid signs that greater patient uptake of discretionary medicine is weighing on profits for health insurers.
Shares of Humana and UnitedHealth Group rose on the day, but lost ground for the week.
Investment firms Warburg Pincus and TA Associates agreed to sell child-care-center technology provider ProCare Solutions in a roughly $1.86 billion deal.
Swiss life sciences firm Lonza Group said it expects sales growth to be flat in 2024, after it reported sharply lower earnings despite higher revenue for last year due to continued investments.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-26-24 1802ET
