09:02 AM EDT, 06/24/2026 (MT Newswires) -- Healthcare stocks were advancing premarket Wednesday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.2% higher and the iShares Biotechnology ETF (IBB) up 0.4%.

Absci ( ABSI ) stock was up 20% after the company priced its underwritten offering of 13.5 million shares at $7.41 apiece, expecting to raise $100 million in gross proceeds. The financing includes participation from Eli Lilly ( LLY ) , Absci ( ABSI ) said.