Health Care Flat as Sector’s Inflation Profile Draws Investors — Health Care Roundup

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Well being-care corporations had been roughly flat because the sector’s inflation-resistant qualities continued to lure buyers.

Pharmacies throughout China reported shortages of fever medicine because the nation struggles to deal with a surge of Covid-19 circumstances, weeks after Beijing deserted its three-year effort to include the fast-spreading virus.

“The difficulty they’ve is the well being care system may be very a lot depending on hospitals versus the primary-care system within the U.S., and that entails large strain on the hospitals,” stated Quincy Krosby, chief international strategist at brokerage LPL Monetary.

The Meals and Drug Administration revised the label for the Plan B emergency-contraceptive capsule to clarify it should not be used for abortion.

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