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Sector Update: Health Care
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Sector Update: Health Care
May 25, 2025 10:37 PM

08:58 AM EDT, 04/29/2025 (MT Newswires) -- Health care stocks were lower to flat premarket Tuesday as the Health Care Select Sector SPDR Fund (XLV) was down 0.2% and iShares Biotechnology ETF (IBB) was recently inactive.

Novo Nordisk ( NVO ) and Hims & Hers Health ( HIMS ) have formed a partnership that will allow US consumers to access NovoCare pharmacy directly through the Hims platform with a bundled offering of all dose strengths of Wegovy and a Hims membership for $599 per month, the companies said. Shares of Hims & Hers Health ( HIMS ) surged past 35% and Novo Nordisk ( NVO ) shares added 3.8% in recent premarket activity.

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