01:38 PM EDT, 03/28/2025 (MT Newswires) -- Health care stocks were softer Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) down 0.1%.

The iShares Biotechnology ETF (IBB) fell 1%.

In corporate news, Milestone Pharmaceuticals' ( MIST ) shares tumbled 59% after it said the US Food and Drug Administration highlighted two issues regarding its new drug application for nasal spray etripamil for paroxysmal supraventricular tachycardia.