03:33 PM EDT, 05/21/2024 (MT Newswires) -- Health care stocks rose late Tuesday afternoon, with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) increasing 0.1%.

The iShares Biotechnology ETF (IBB) fell 0.7%.

In corporate news, Mangoceuticals ( MGRX ) said it is developing proprietary oral formulations of semaglutide and tirzepatide to help with weight management. The shares almost doubled.