08:54 AM EST, 02/24/2025 (MT Newswires) -- Health care stocks were flat to higher pre-bell Monday with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund (XLV) recently up 0.4%.

Invivyd ( IVVD ) shares fell past 28% after the company said the US Food and Drug Administration rejected its request to expand the existing emergency use authorization for Pemgarda to include treatment of mild-to-moderate COVID-19 in immunocompromised adults and adolescents.