ADR Shares End Higher; Amryt Pharma, Renalytix Trade Actively

Sabela Ojea

International stocks trading in New York closed higher Monday.

The S&P/BNY Mellon index of American depositary receipts closed 0.5% higher at 148.83. The European index increased 0.3% to 143.07. The Latin American index rose 0.01% to 185.89. The emerging-markets index climbed 1.1% to 294.67. The Asian index increased 0.8% to 0.4% to 174.82.

The ADRs of Amryt Pharma PLC and Renalytix PLC traded actively.

ADRs of Amryt Pharma on Monday closed higher after the biopharmaceutical company agreed to be acquired by Italian healthcare group Chiesi Farmaceutici S.p.A. for up to nearly $1.5 billion.

ADRs of Renalytix also closed higher on Monday after the artificial intelligence-enabled in vitro diagnostics company said it signed an agreement with the U.S. Veterans Health Administration to install its KidneyIntelX solution across their systems.

Write to Sabela Ojea at [e-mail]; @sabelaojeaguix

(END) Dow Jones Newswires

01-09-23 1759ET