03:57 PM EDT, 04/01/2026 (MT Newswires) -- Health care stocks rose late Wednesday afternoon, with the NYSE Health Care Index and the State Street Health Care Select Sector SPDR ETF (XLV) each adding 1%.

The iShares Biotechnology ETF (IBB) rose 0.9%.

In corporate news, Eli Lilly ( LLY ) does not support the White House's effort to codify "most favored nation" drug pricing into law, CNBC reported Wednesday, citing an interview with CEO Dave Ricks. Separately, Lilly said Wednesday the US Food and Drug Administration approved its once-daily oral glucagon-like peptide-1 receptor agonist, Foundayo, for adults with obesity or overweight with weight-related medical conditions. Lilly shares jumped 4.3%.

Pfizer ( PFE ) won a 2023 lawsuit against Poland and Romania, alleging that the countries violated purchase agreements by refusing to take delivery of the company's COVID-19 vaccines, multiple media outlets reported Wednesday. Pfizer ( PFE ) shares rose 1.6%.

Nano-X Imaging ( NNOX ) shares rose 5.7% after the company said its US subsidiary Nanox Impact has signed a new distribution agreement with Elite Surgical Technologies to deploy its Nanox.ARC imaging system in five US states.

Kodiak Sciences ( KOD ) shares jumped past 12% in Wednesday late afternoon trading, a day after the company reported better-than-expected Q4 results.