09:22 AM EDT, 08/12/2025 (MT Newswires) -- Health care stocks were flat to higher premarket Tuesday, with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund ( XLV ) up 0.3%.

Cardinal Health ( CAH ) shares were down more than 9% after the company reported fiscal Q4 revenue that missed analysts' expectations and said it will provide about $1.90 billion to The Specialty Alliance, its management services organization platform, for the acquisition of Solaris Health.

Amphastar Pharmaceuticals ( AMPH ) shares were up more than 4% after the company said it has entered into an exclusive licensing agreement with Nanjing Anji Biotechnology to develop and commercialize three peptide-based therapies in the US and Canada.

Valneva (VALN) stock was up more than 7% after the company reported a higher H1 revenue.