02:19 PM EDT, 04/09/2025 (MT Newswires) -- Health care stocks rose Wednesday afternoon with the NYSE Health Care Index up 3.2% and the Health Care Select Sector SPDR Fund (XLV) gaining 3.5%.

The iShares Biotechnology ETF (IBB) advanced 5.3%.

In corporate news, Microbot Medical ( MBOT ) shares jumped 15%. The company said that robotic endovascular procedures using its Liberty system are feasible and significantly minimize radiation exposure, based on data from a study.

OS Therapies ( OSTX ) shares rose 6.1%. The company closed the acquisition of the listeria-based cancer immunotherapy assets of Advaxis Immunotherapies from Ayala Pharmaceuticals.

Neogen (NEOG) shares slumped 35% after fiscal Q3 adjusted earnings and revenue fell, and the company cut full-year revenue guidance. Neogen also said Chief Executive Officer John Adent will step down.