03:41 PM EDT, 08/02/2024 (MT Newswires) -- Health care stocks were lower in late Friday afternoon trading, with the NYSE Health Care Index shedding 0.8% and the Health Care Select Sector SPDR Fund (XLV) down 0.4%.

The iShares Biotechnology ETF (IBB) dropped 2.1%.

In corporate news, VSee Health ( VSEE ) shares surged 99.5% in recent Friday trading, a day after the company signed a deal with Ava Robotics to develop telepresence solutions for the inpatient intensive care market.