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BlackRock Health Sciences Term Trust boosts pharma and biotech holdings, cuts medical device exposure.

Market News
24 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Over the recent quarter, the BlackRock Health Sciences Term Trust increased its investments in pharmaceutical and biotechnology companies, initiating new positions in GSK and Vertex Pharmaceuticals due to strong fundamentals and progress in rare disease treatments. Meanwhile, the Trust reduced its holdings in medical devices and supplies firms to lock in profits. This shift reflects a strategic focus on sectors with promising growth potential, which may impact the Trust's future performance and distribution rates.

More News (GSK)

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