In trading on Wednesday, biotechnology shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of Puma Biotechnology (NASDAQ:PBYI), down about 16.6% and shares of Sangamo Biosciences (NASDAQ:SGMO) down about 9.6% on the day.
Also lagging the market Wednesday are drugs shares, down on the day by about 0.6% as a group, led down by Durect Corporation (NASDAQ:DRRX), trading lower by about 7% and Contravir Pharmaceuticals (NASDAQ:CTRV), trading lower by about 6.8%.
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