03:33 PM EDT, 06/20/2024 (MT Newswires) -- Health care stocks were advancing late Thursday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.3%.

The iShares Biotechnology ETF (IBB) rose 1%.

In corporate news, Eli Lilly ( LLY ) shares fell 1.1% after it said Thursday it would "continue to pursue legal remedies" against medical spas, wellness centers, and other entities for selling products that claim to contain tirzepatide, the active ingredient in its diabetes drugs Mounjaro and Zepbound.