09:17 AM EDT, 10/16/2025 (MT Newswires) -- Health care stocks were rising pre-bell Thursday, with the iShares Biotechnology ETF (IBB) 0.4% higher and the Health Care Select Sector SPDR Fund (XLV) up marginally.

Thermo Fisher Scientific ( TMO ) shares were up more than 3% after the company said it is collaborating with Microsoft ( MSFT )-backed (MSFT) OpenAI to accelerate drug development.

Sophia Genetics ( SOPH ) stock was up more than 12% after the company launched Sophia DDM Digital Twins, a research tool that builds virtual replicas of individual cancer patients to simulate treatment responses and outcomes for clinicians.

Becton, Dickinson ( BDX ) shares were down more than 1% after the company reported preliminary fiscal Q4 and 2025 revenue below analysts' expectations.