03:29 PM EDT, 10/30/2024 (MT Newswires) -- Health care stocks were lower late Wednesday afternoon, with the NYSE Health Care Index shedding 0.5% and the Health Care Select Sector SPDR Fund (XLV) down 0.4%.

The iShares Biotechnology ETF (IBB) rose 0.1%.

In corporate news, Tharimmune ( THAR ) shares soared 71% after the company said it received "positive feedback" from the European Medicines Agency regarding TH104, its candidate to treat moderate-to-severe pruritus in primary biliary cholangitis.