01:38 PM EST, 12/05/2024 (MT Newswires) -- Health care stocks fell Thursday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 1%.

The iShares Biotechnology ETF (IBB) was down 0.9%.

In corporate news, Protara Therapeutics ( TARA ) shares doubled after the company said its investigational therapy TARA-002 showed a complete response rate of 72% at six months in a phase 2 trial involving people with non-muscle invasive bladder cancer.