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Pharmaceutical ETFs Break Out on Horizon Pharma’s Positive Drug Results

Pharmaceutical sector-related ETFs stood out Thursday after Horizon Pharma (HZNP) revealed positive test results for its treatment of thyroid eye disease, or TED. Among the better performing non-leveraged ETFs of Thursday, the First Trust Nasdaq Pharmaceuticals ETF (NasdaqGM: FTXH) rose 1.8%,...
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