04:00 PM EDT, 04/08/2024 (MT Newswires) -- Health care stocks were easing late Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each down about 0.2%

The iShares Biotechnology ETF (IBB) rose 0.2%.

In corporate news, Pluri ( PLUR ) shares gained 2% after the company said Monday it has received a new US patent for technology used in the expansion of immune cells.

CorMedix ( CRMD ) said it entered a five-year agreement to supply its DefenCath product to Florida-based dialysis organization ARC Dialysis. Its shares rose 1.5%.

Eli Lilly ( LLY ) broke ground on a plant near Frankfurt to increase production of its weight-loss drugs, with opening scheduled for 2027, Bloomberg reported. Eli Lilly ( LLY ) shares were falling 0.7%.

Novo Nordisk ( NVO ) resubmitted an application for US regulatory approval of its $16.50 billion acquisition for medicine production outsourcing firm Catalent ( CTLT ) , a regulatory filing last week showed. Novo Nordisk ( NVO ) shares were up 1.3%, and Catalent ( CTLT ) was fractionally lower.