01:48 PM EDT, 10/21/2024 (MT Newswires) -- Health care stocks were lower Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 0.9%.

The iShares Biotechnology ETF (IBB) fell 1.3%.

In corporate news, Eli Lilly ( LLY ) has filed lawsuits against medical spas and online vendors for selling products claiming to contain tirzepatide, the main ingredient in its weight-loss drug Zepbound, Reuters reported. Eli Lilly ( LLY ) shares declined 1.1%.