09:16 AM EDT, 03/11/2026 (MT Newswires) -- Health care stocks were declining premarket Wednesday, with the State Street Health Care Select Sector SPDR ETF ( XLV ) down 0.3% and the iShares Biotechnology ETF (IBB) 0.4% lower.

Kala Bio ( KALA ) shares were up more than 59% after the company said its Researgency.ai platform is now live, with the first artificial intelligence agent expected to be deployed in about 14 days.

QIAGEN ( QGEN ) said it has received clearance from the US Food and Drug Administration for the use of its gastrointestinal panels on the QIAstat-Dx Rise automated syndromic testing system. QIAGEN ( QGEN ) shares were down 1% pre-bell.

Xenon Pharmaceuticals ( XENE ) stock was 0.8% lower after the company said it has priced an upsized $650 million underwritten public offering at $57 per common share.