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Sector Update: Health Care Stocks Advance Tuesday Afternoon
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Sector Update: Health Care Stocks Advance Tuesday Afternoon
Oct 21, 2025 10:56 AM

01:40 PM EDT, 10/21/2025 (MT Newswires) -- Health care stocks rose Tuesday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.3%.

The iShares Biotechnology ETF (IBB) was shedding 0.3%.

In corporate news, Danaher's ( DHR ) fiscal Q3 results came in stronger than Wall Street's forecasts, while the medical equipment maker reiterated its full-year earnings guidance. Its shares jumped past 7%.

Hologic ( HOLX ) shares climbed 3% after it said Tuesday it agreed to be acquired by funds managed by Blackstone (BX) and TPG (TPG) in a deal worth up to $18.3 billion, or up to $79 per share.

Novo Nordisk ( NVO ) said Tuesday Chair Helge Lund, Vice Chair Henrik Poulsen and five other independent board members will not stand for election at an extraordinary general meeting on Nov. 14. Novo shares fell 1.2%.

Pacira BioSciences ( PCRX ) shares dropped past 6% after it said Tuesday that WhiteOak Group has sent a notice about the filing of an abbreviated new drug application with the US Food and Drug Administration for a product claiming to be a generic of the company's Exparel.

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