03:33 PM EDT, 03/28/2025 (MT Newswires) -- Health care stocks edged lower late Friday afternoon, with the NYSE Health Care Index down 0.1% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.2%.

The iShares Biotechnology ETF (IBB) fell 1%.

In corporate news, a federal district court judge in New Jersey ordered Johnson & Johnson's ( JNJ ) Janssen Products unit on Friday to pay the US government $1.64 billion in damages and civil penalties after a jury found the unit liable for "unlawfully promoting" two HIV/AIDS drugs last year. Johnson & Johnson ( JNJ ) shares were rising 0.4%.