01:56 PM EDT, 06/25/2024 (MT Newswires) -- Health care stocks eased in Tuesday afternoon trading with the NYSE Health Care Index shedding 0.1% and the Health Care Select Sector SPDR Fund (XLV) down 0.3%.

The iShares Biotechnology ETF (IBB) dropped 0.1%.

In corporate news, ZimVie ( ZIMV ) is considering an outright company sale, among other options, Bloomberg reported. ZimVie ( ZIMV ) shares surged 24%.

Sanofi ( SNY ) called for initial bids for its $20 billion consumer health business, Bloomberg reported. Sanofi ( SNY ) shares added 0.5%.

Novo Nordisk ( NVO ) secured Chinese regulatory approval for its weight-loss drug for cardiovascular risk reduction. The stock gained 3%.