09:08 AM EST, 12/06/2024 (MT Newswires) -- Health care stocks were edging higher premarket Friday as the iShares Biotechnology ETF (IBB) advanced by 0.4% and the Health Care Select Sector SPDR Fund ( XLV ) was up 0.2% recently.

Veeva Systems ( VEEV ) shares rose by over 7% after the company reported an increase in fiscal Q3 earnings and sales while lifting its guidance for fiscal 2025.

Innate Pharma ( IPHA ) shares were up more than 8% after the company and the Institute for Follicular Lymphoma said they have agreed to study the potential of the company's IPH6501 experimental therapy in follicular lymphoma, a type of blood cancer.

Cooper (COO) shares fell past 4% after the company issued fiscal 2025 guidance that fell short of market expectations.