01:09 PM EST, 11/19/2025 (MT Newswires) -- Health care stocks declined Wednesday afternoon, with the NYSE Health Care Index shedding 0.2% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%.

The iShares Biotechnology ETF (IBB) retreated 0.8%.

In corporate news, Moderna ( MRNA ) said Wednesday that it is onshoring drug product manufacturing to its Moderna Technology Center in Norwood, Massachusetts. The company said the move boosts its US commercial and clinical supply capabilities and reflects more than $140 million in planned investment. Its shares were down 3.3%.