01:22 PM EDT, 09/24/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each decreasing 0.2%.

The iShares Biotechnology ETF (IBB) was shedding 0.5%.

In corporate news, Sanofi ( SNY ) and its Winthrop Industrie unit were ordered by a Paris appeals court to pay a fine of 150.7 million euros ($177 million) in damages to France's National Health Insurance Fund for engaging in anti-competitive practices linked to its Plavix anti-clotting medicine, media outlets reported. Sanofi ( SNY ) shares were down 0.7%.