03:42 PM EDT, 03/19/2025 (MT Newswires) -- Health care stocks were mixed late Wednesday afternoon, with the NYSE Health Care Index down 0.1% and the Health Care Select Sector SPDR Fund (XLV) adding 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.4%.

In corporate news, Black Diamond Therapeutics ( BDTX ) shares jumped past 9%. The company and French pharmaceutical group Servier said Wednesday that they have signed a global licensing deal under which Servier will develop and globally commercialize BDTX-4933, a targeted therapy for solid tumors.