03:33 PM EDT, 04/12/2024 (MT Newswires) -- Health care stocks fell late Friday afternoon with the NYSE Health Care Index sliding 1.6% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.7%.

The iShares Biotechnology ETF (IBB) tumbled 2.4%.

In corporate news, Agenus ( AGEN ) shares slumped 9.2% after the company reported a 23% overall response rate in 77 patients in an update to its phase 1 trial of the botensilimab and balstilimab drug combination to treat a type of colorectal cancer.