08:52 AM EDT, 06/04/2025 (MT Newswires) -- Health care stocks were flat to higher premarket Wednesday as the iShares Biotechnology ETF (IBB) was inactive and the Health Care Select Sector SPDR Fund (XLV) was up 0.3% recently.

Sagimet Biosciences ( SGMT ) shares were rising by more than 14% after the company said denifanstat met all primary and secondary endpoints in a phase 3 clinical trial to treat moderate to severe acne vulgaris.