08:57 AM EDT, 05/14/2025 (MT Newswires) -- Health care stocks were rising premarket Wednesday, with The Health Care Select Sector SPDR Fund (XLV) 0.5% higher and the iShares Biotechnology ETF (IBB) up 0.2%

Novo Nordisk ( NVO ) and Septerna ( SEPN ) said they will collaborate on a project to develop and commercialize oral small molecule medicines for obesity, type 2 diabetes and other cardiometabolic diseases. Septerna ( SEPN ) shares were up past 65% while Novo Nordisk ( NVO ) shares were over 2% higher pre-bell.