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Sector Update: Health Care Stocks Steady Premarket Wednesday
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Sector Update: Health Care Stocks Steady Premarket Wednesday
Sep 24, 2024 11:52 PM

09:14 AM EDT, 09/18/2024 (MT Newswires) -- Health care stocks were steady premarket Wednesday with the iShares Biotechnology ETF ( IBB ) unchanged and the Health Care Select Sector SPDR Fund ( XLV ) up by a slight 0.1% recently.

Organon (OGN) said it has agreed to acquire Roivant's (ROIV) Dermavant, including its flagship dermatological cream Vtama, for a total consideration of $1.2 billion. Roivant Sciences ( ROIV ) shares were up nearly 4% pre-bell.

TG Therapeutics ( TGTX ) shares advanced by over 6% after the company said updated data from a phase 3b trial showed that rapid 30-minute infusions of BRIUMVI (ublituximab) are well tolerated in patients suffering from relapsing forms of multiple sclerosis.

23andMe Holding's ( ME ) independent directors resigned after receiving an unsatisfactory take-private offer from Chief Executive Anne Wojcicki, Reuters reported, citing an internal document. 23andMe Holding ( ME ) shares fell past 9% pre-bell.

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