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Medtech stocks help boost S&P rally

By Sean Whooley | August 18, 2020

S&P August 18Medtech stocks helped the S&P 500 Index reach record highs today amid a bounceback from the lows of the COVID-19 pandemic.

Reuters reported that medtech played its part in the record turn of the market, with Abiomed (NSDQ:ABMD), Regeneron Pharmaceuticals (NSDQ:REGN) and West Pharmaceutical Services (NYSE:WST), all of which are involved in developing COVID-19 therapeutics, all rising more than 50% since the index’s previous record high before the pandemic in February.

Get the full story at our sister site, MassDevice.


Filed Under: Drug Discovery, Drug Discovery and Development, Infectious Disease
Tagged With: Abiomed, coronavirus, covid-19, Regeneron, S&P 500, West Pharmaceutical Services
 

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