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Sector Update: Health Care
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Sector Update: Health Care
May 26, 2025 12:33 AM

01:39 PM EDT, 05/02/2025 (MT Newswires) -- Health care stocks were higher Friday afternoon, with the NYSE Health Care Index rising 1.5% and the Health Care Select Sector SPDR Fund (XLV) adding 1.2%.

The iShares Biotechnology ETF (IBB) climbed 1.3%.

In corporate news, Novo Nordisk ( NVO ) shares jumped 5.3% after the company said Friday that Health Canada has accepted for review a supplemental new drug submission for semaglutide 2.4 mg as a once weekly treatment for people with metabolic dysfunction-associated steatohepatitis.

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