09:11 AM EST, 01/23/2025 (MT Newswires) -- Health care stocks were flat to higher premarket Thursday, with the iShares Biotechnology ETF (IBB) unchanged and The Health Care Select Sector SPDR Fund ( XLV ) up 0.4%.

Exicure ( XCUR ) shares were up over 38% after the company said it agreed to acquire all the shares of GPCR Therapeutics USA, a subsidiary of South Korea's GPCR Therapeutics.

Elevance Health ( ELV ) stock was 4% higher after the company reported Q4 adjusted earnings and revenue that topped analyst expectations.

D-Wave Quantum (QBTS) shares were down more than 3% after the company said it completed the sale of $150 million in common stock under its 'at-the-market' equity offering program.