03:33 PM EDT, 05/31/2024 (MT Newswires) -- Health care stocks rose late Friday afternoon with the NYSE Health Care Index advancing 0.9% and the Health Care Select Sector SPDR Fund (XLV) up 0.8%.

The iShares Biotechnology ETF (IBB) eased 0.1%.

In corporate news, KalVista Pharmaceuticals ( KALV ) shares gained 3.6% after the company said a late-stage trial of its sebetralstat treatment candidate for hereditary angioedema, a swelling disorder, met primary and secondary endpoints.