Healthcare Stocks Surge on Results, Outlooks
Healthcare and biotech stocks showed renewed activity, with several healthcare companies rallying after strong quarterly results, improved revenue guidance and clinical or regulatory updates. KORU Medical Systems and Carlsmed raised full-year revenue forecasts, while Azenta also reported quarterly growth; their shares rose sharply. In India, pharmaceutical shares traded mixed, with Panacea Biotec among the leaders and Aurobindo Pharma, Sun Pharma and Glenmark among the decliners. The biotech IPO market has also revived after a prolonged slowdown, though newly public companies’ post-listing performance remains an open question.
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