03:36 PM EDT, 07/22/2024 (MT Newswires) -- Health care stocks rose in late Monday afternoon trading, with the NYSE Health Care Index adding 0.7% and the Health Care Select Sector SPDR Fund (XLV) up 0.5%.

The iShares Biotechnology ETF (IBB) climbed 1.4%.

In corporate news, Hepion Pharmaceuticals ( HEPA ) shares tumbled 20% after the company agreed to merge with Pharma Two B.