09:17 AM EDT, 06/25/2025 (MT Newswires) -- Health care stocks were mixed premarket Wednesday, as the Health Care Select Sector SPDR Fund ( XLV ) was down 0.1% and the iShares Biotechnology ETF (IBB) was 0.4% higher recently.

Novo Nordisk ( NVO ) is under investigation by Spain's ministry of health over its website communications on its weight-loss drug. The government body said the communications on the website "could be considered as covert advertising of prescription drugs, which is prohibited by current legislation," according to a translation of a June 19 statement. Shares of Novo Nordisk ( NVO ) were more than 2% lower pre-bell.

Evotec (EVO) shares were up more than 3% after the company said it will join the NURTuRE-AKI consortium to establish a patient cohort for acute kidney injury.

Hims & Hers Health ( HIMS ) will continue offering low-cost weight-loss injections despite Novo Nordisk's ( NVO ) decision to terminate their distribution partnership, Bloomberg reported, citing CEO Andrew Dudum. Shares of Hims & Hers Health ( HIMS ) were about 2% higher pre-bell.