03:26 PM EST, 11/12/2025 (MT Newswires) -- Health care stocks rose late Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 1.5%.

The iShares Biotechnology ETF (IBB) increased 0.7%.

In corporate news, Eli Lilly ( LLY ) will discontinue CVS Health's ( CVS ) drug benefit plans for its employees after the pharmacy chain's benefits unit, Caremark, stopped covering its Zepbound weight-loss drug in favor of Novo Nordisk's ( NVO ) Wegovy, Bloomberg reported. Eli Lilly ( LLY ) shares were up 2.5%. CVS was up 1.9%, while Novo rose 1.6%.