01:08 PM EDT, 05/20/2025 (MT Newswires) -- Health care stocks advanced Tuesday afternoon with the NYSE Health Care Index up 0.1% and the Health Care Select Sector SPDR Fund (XLV) adding 0.2%.

The iShares Biotechnology ETF (IBB) rose 0.9%.

In corporate news, Pfizer ( PFE ) secured exclusive global rights, excluding China, to biopharmaceutical firm 3SBio's cancer treatment candidate in a licensing deal worth up to $6.05 billion. Pfizer ( PFE ) shares rose 1.5%.