On Thursday, the Supreme Court temporarily blocked a $6-billion bankruptcy settlement by Purdue Pharma, the maker of the opioid OxyContin, that would shield the Sackler family from civil lawsuits related to the opioid crisis. The court also announced that it will hear a challenge to the settlement by a U.S.
Family Firm Inc. boosted its holdings in iShares U.S. Pharmaceuticals ETF (NYSEARCA:IHE – Free Report) by 4.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,629 shares of the company’s stock after purchasing an additional 164 shares during […]
If you’re looking to invest in the health care industry, buying a health care exchange-traded fund (ETF) is an easy way to get started without having to do all the work of analyzing individual companies. With a health care ETF you can buy a broad cross-section of the industry or even chop it into finer segments.