09:17 AM EST, 11/29/2024 (MT Newswires) -- Health care stocks advanced pre-bell Friday with the Health Care Select Sector SPDR Fund ( XLV ) and iShares Biotechnology ETF (IBB) 0.2% higher recently.

Applied Therapeutics ( APLT ) said late Wednesday that the US Food and Drug Administration issued a complete response letter indicating the health regulator's decision not to approve the new drug application for govorestat to treat classic galactosemia due to "deficiencies in the clinical application." Applied Therapeutics ( APLT ) shares tumbled by over 74% premarket.

RadNet's ( RDNT ) shares were almost 4% higher after its DeepHealth unit said it received expanded US Food and Drug Administration 510(k) clearance for its SmartMammo mammography software.

TC BioPharm ( TCBP ) shares were down 12% after the company filed a registration statement with the US Securities and Exchange Commission Wednesday for the potential sale of up to $100 million of securities from time to time in one or more offerings.