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Sector Update: Health Care
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Sector Update: Health Care
Jun 10, 2024 1:13 PM

03:36 PM EDT, 06/10/2024 (MT Newswires) -- Health care stocks were rising late Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.3%.

The iShares Biotechnology ETF (IBB) rose 0.1%.

In corporate news, Calidi Biotherapeutics ( CLDI ) shares jumped past 12% after the company said Monday that it signed a collaboration agreement with Siga Technologies ( SIGA ) in Q1 to back the development of Calidi's systemic and targeted RTNova virotherapy platform, which could potentially provide a universal treatment for all tumor types. Siga ( SIGA ) shares rose 0.8%.

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