09:09 AM EDT, 05/01/2026 (MT Newswires) -- Health care stocks were advancing pre-bell Friday, with the State Street Health Care Select Sector SPDR ETF ( XLV ) 0.2% higher and the iShares Biotechnology ETF (IBB) up 0.2%.

Novo Nordisk ( NVO ) shares were up more than 2% after the company said it has rebranded its oral semaglutide medication for type 2 diabetes, formerly known as Rybelsus, as Ozempic.

Veeva Systems ( VEEV ) is set to join the S&P 500 on May 7, to replace Coterra Energy ( CTRA ) , S&P Dow Jones Indices said. Shares of Veeva Systems ( VEEV ) were up more than 11% premarket.

Moderna ( MRNA ) stock was up more than 2% after the company reported a narrower-than-expected Q1 net loss.