08:58 AM EDT, 08/22/2025 (MT Newswires) -- Health care stocks were rising pre-bell Friday, with the Health Care Select Sector SPDR Fund (XLV) 0.4% higher and the iShares Biotechnology ETF (IBB) up 0.7%.

Novo Nordisk ( NVO ) will reduce the current year bonuses for employees eligible for short-term incentives in Denmark due to slower growth and a lowered forecast, Bloomberg News reported, citing a company spokesperson. Shares of Novo Nordisk ( NVO ) were up more than 2% premarket.