01:48 PM EDT, 06/06/2025 (MT Newswires) -- Health care stocks rose Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding about 0.7%.

The iShares Biotechnology ETF (IBB) climbed 1.5%.

In corporate news, Phathom Pharmaceuticals ( PHAT ) shares surged 96% after the company said the US Food and Drug Administration plans to recognize 10 years of New Chemical Entity exclusivity for its Voquezna tablets.