09:12 AM EDT, 03/27/2025 (MT Newswires) -- Health care stocks were flat to higher premarket Thursday, with The Health Care Select Sector SPDR Fund ( XLV ) up 0.2% and the iShares Biotechnology ETF (IBB) inactive.

Soleno Therapeutics ( SLNO ) shares were up 35% after the company said overnight that the US Food and Drug Administration has approved its treatment for hyperphagia in adults and children with Prader-Willi Syndrome, a rare genetic disorder.

Bausch + Lomb ( BLCO ) stock was more than 4% lower after the company said it is voluntarily recalling the intraocular lenses on its enVista platform after reports of complications.

Ascentage Pharma Group ( AAPG ) shares were up over 10% after the company reported a narrower 2024 loss as revenue rose during the period.