08:51 AM EDT, 07/05/2024 (MT Newswires) -- Health care stocks were mixed premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) marginally lower and the iShares Biotechnology ETF (IBB) up 0.3%.

Bain Capital and Cinven are considering a potential joint bid for Sanofi's ( SNY ) $20 billion consumer health division, Bloomberg News reported Wednesday, citing people familiar with the matter. Sanofi ( SNY ) stock was over 1% higher pre-bell.