03:33 PM EDT, 05/30/2025 (MT Newswires) -- Health care stocks advanced late Friday afternoon, with the NYSE Health Care Index up 1.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%.

The iShares Biotechnology ETF (IBB) fell 1.8%.

In corporate news, Medicus Pharma ( MDCX ) shares tumbled 32% after it priced a public offering of nearly 2.3 million units at $3.10 per unit, targeting $7 million in proceeds.