01:34 PM EST, 11/25/2024 (MT Newswires) -- Health care stocks were higher Monday afternoon, with the NYSE Health Care Index rising 0.6% and the Health Care Select Sector SPDR Fund (XLV) adding 0.7%.

The iShares Biotechnology ETF (IBB) climbed 1.7%.

In corporate news, BridgeBio Pharma ( BBIO ) shares surged 18%. The firm said late Friday the US Food and Drug Administration approved Attruby for the treatment of the cardiomyopathy of wild-type or variant transthyretin-mediated amyloidosis in adults to reduce cardiovascular death and cardiovascular-related hospitalization.