09:18 AM EDT, 05/14/2025 (MT Newswires) -- Health care stocks were rising premarket Wednesday, with The Health Care Select Sector SPDR Fund ( XLV ) and iShares Biotechnology ETF (IBB) up 0.5%

Novo Nordisk ( NVO ) and Septerna ( SEPN ) said they will collaborate on a project to develop and commercialize oral small molecule medicines for obesity, type 2 diabetes and other cardiometabolic diseases. Shares of Septerna ( SEPN ) were up past 68% while Novo Nordisk ( NVO ) stock was over 2% higher pre-bell.

GSK (GSK) has agreed to acquire Boston Pharmaceuticals' investigational steatotic liver disease treatment efimosfermin alfa for up to $2 billion in cash, the companies said. GSK shares were up over 1% premarket.

Scholar Rock ( SRRK ) shares were up 0.9% even after the company reported a wider Q1 net loss.