09:16 AM EST, 11/12/2025 (MT Newswires) -- Health care stocks were mixed premarket Wednesday, with the Health Care Select Sector SPDR Fund ( XLV ) easing 0.1% and the iShares Biotechnology ETF (IBB) up 0.2%.
Evotec (EVO) shares were up more than 5% after the company said it has received a $5 million milestone payment from Bristol Myers Squibb ( BMY ) after the US Food and Drug Administration accepted an investigational new drug application for a product candidate under the companies' protein degradation partnership.
Zenas BioPharma ( ZBIO ) shares were up more than 2% after the company posted a narrower Q3 net loss.
Atai Beckley ( ATAI ) stock was down more than 3% after the company reported a wider Q3 net loss.