08:57 AM EDT, 07/11/2024 (MT Newswires) -- Health care stocks were flat to higher premarket Thursday, with The Health Care Select Sector SPDR Fund (XLV) unchanged and the iShares Biotechnology ETF (IBB) up 0.5%.

Pfizer ( PFE ) shares were up nearly 3% after the company said it would conduct dose optimization studies of danuglipron in H2 after selecting a once-daily, modified-release formulation of the drug candidate, intended to maintain healthy blood sugar levels and address obesity.