Health-care companies rose amid drug development and deal activity.

Biotech concern Myovant Sciences rejected a buyout offer from its largest shareholder Sumitovant Biopharma, saying it undervalued Myovant.

Calithera Biosciences surged after the drug developer's experimental treatment for non-small cell lung cancer received Fast Track designation.


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

(END) Dow Jones Newswires

10-03-22 1639ET