08:57 AM EDT, 06/24/2024 (MT Newswires) -- Health care stocks were higher premarket Monday as the iShares Biotechnology ETF (IBB) added 1.5% and the Health Care Select Sector SPDR Fund (XLV) was up 0.1% recently.

Alimera Sciences ( ALIM ) shares were surging past 76% after ANI Pharmaceuticals ( ANIP ) said it agreed to acquire the company in a deal valued at around $381 million.