08:53 AM EDT, 05/10/2024 (MT Newswires) -- Health care stocks were edging higher premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) unchanged and the iShares Biotechnology ETF (IBB) up 0.4%.

Novavax ( NVAX ) stock was up nearly 103% after the company said it signed a co-exclusive licensing agreement with Sanofi ( SNY ) to provide broader access to a protein-based non-mRNA adjuvanted COVID-19 vaccine from 2025 onwards.