03:26 PM EST, 12/05/2024 (MT Newswires) -- Health care stocks fell late Thursday afternoon with the NYSE Health Care Index declining 1.1% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.2%.

The iShares Biotechnology ETF (IBB) lost 0.7%.

In corporate news, Eli Lilly's ( LLY ) weight loss drug Mounjaro will be rolled out initially to people with the highest clinical need in England over the next three years, according to the National Institute for Health and Care Excellence's draft guidance. Eli Lilly ( LLY ) shares shed 0.8%.