01:32 PM EST, 12/12/2024 (MT Newswires) -- Health care stocks were declining Thursday afternoon, with the NYSE Health Care Index shedding 0.7% and the Health Care Select Sector SPDR Fund (XLV) down 0.6%.

The iShares Biotechnology ETF (IBB) fell 1.2%.

In corporate news, Trevi Therapeutics ( TRVI ) shares surged 73%. The company said Thursday that enrollment in its phase 2b study of investigational therapy Haduvio in idiopathic pulmonary fibrosis with chronic cough has reached 75% of the targeted sample size of 160 patients.