01:21 PM EDT, 03/20/2026 (MT Newswires) -- Health care stocks declined Friday afternoon, with the NYSE Health Care Index down 0.4% and the State Street Health Care Select Sector SPDR ETF (XLV) decreasing 0.3%.

The iShares Biotechnology ETF (IBB) shed 0.7%.

In corporate news, Prestige Consumer Healthcare ( PBH ) on Friday agreed to buy some over-the-counter consumer health and wellness brands of Foundation Consumer Healthcare in a deal worth about $1.05 billion, or about $900 million net of tax benefits. Prestige shares rose 1.7%.