01:58 PM EDT, 03/14/2024 (MT Newswires) -- Health care stocks fell Thursday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both down 0.6%.

The iShares Biotechnology ETF (IBB) fell 1.8%.

In corporate news, AstraZeneca ( AZN ) agreed to buy Amolyt Pharma for up to $1.05 billion, boosting its late-stage rare disease pipeline. AstraZeneca ( AZN ) shares fell 1%.