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Sector Update: Health Care Stocks Lean Lower Premarket Monday
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Sector Update: Health Care Stocks Lean Lower Premarket Monday
Apr 7, 2025 6:56 AM

09:16 AM EDT, 04/07/2025 (MT Newswires) -- Health care stocks were lower premarket Monday, with the Health Care Select Sector SPDR Fund ( XLV ) and iShares Biotechnology ETF (IBB) each down 2.1% recently.

ADMA Biologics ( ADMA ) said it doesn't expect the latest US tariffs on foreign goods and services to have any impact on its supply chain or production operations. Shares of ADMA Biologics ( ADMA ) fell 4% pre-bell.

NeoGenomics ( NEO ) shares were down over 5% after the company said it has closed the acquisition of New Jersey-based laboratory Pathline.

Teva Pharmaceutical Industries ( TEVA ) shares rose nearly 6% after the company said the US Food and Drug Administration has accepted its US affiliate Teva Pharmaceuticals' supplemental biologics license application for AJOVY to expand the indication to include the prevention of episodic migraine in certain pediatric patients.

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