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Sector Update: Health Care Stocks Rise Pre-Bell Monday
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Sector Update: Health Care Stocks Rise Pre-Bell Monday
Sep 28, 2024 4:33 AM

09:16 AM EDT, 09/23/2024 (MT Newswires) -- Health care stocks were edging higher pre-bell Monday as the Health Care Select Sector SPDR Fund ( XLV ) advanced by 0.1% and the iShares Biotechnology ETF ( IBB ) was up 0.5% recently.

Black Diamond Therapeutics ( BDTX ) shares rose past 16% after the company said initial phase 2 data of its BDTX-1535 experimental therapy to treat a type of non-small cell lung cancer demonstrated "robust anti-tumor activity."

Biohaven ( BHVN ) shares were up over 13% after the company said its pivotal study of troriluzole in spinocerebellar ataxia, a progressive brain disorder, achieved its primary endpoint of a change from baseline in a measure of disease progression at 3 years in all groups.

Ideaya Biosciences ( IDYA ) shares advanced by nearly 8% after the company said a phase 2 trial evaluating investigational drug darovasertib for treating neoadjuvant uveal melanoma showed interim results that were "clinically meaningful."

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