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Sector Update: Health Care Stocks Advance Late Afternoon

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Sector Update: Health Care Stocks Advance Late Afternoon

Feb 13, 2025 1:25 PM

03:56 PM EST, 02/13/2025 (MT Newswires) -- Health care stocks were higher late Thursday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.5%.

The iShares Biotechnology ETF (IBB) climbed 1%.

In sector news, the US Senate confirmed Robert F. Kennedy Jr. as head of the US Department of Health and Human Services.

In corporate news, Evolus ( EOLS ) shares rose 4% after the company said it received approval from the US Food and Drug Administration for Evolysse Form and Evolysse Smooth injectable hyaluronic acid gels.

West Pharmaceutical Services ( WST ) shares fell 36% after its 2025 guidance came in below market expectations.

Pliant Therapeutics ( PLRX ) shares surged 21% after the company started assembling an external expert panel to evaluate unblinded data from the phase 2b trial of bexotegrast in people with idiopathic pulmonary fibrosis.

GE Healthcare Technologies ( GEHC ) shares jumped past 8% after it reported higher Q4 adjusted earnings and revenue.

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