01:51 PM EDT, 07/14/2025 (MT Newswires) -- Health care stocks edged lower Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each easing about 0.1%

The iShares Biotechnology ETF (IBB) rose 0.5%.

In corporate news, Becton Dickinson ( BDX ) agreed to combine its biosciences and diagnostic solutions business with analytical laboratory instrument manufacturing company Waters (WAT) in a deal worth about $17.5 billion to focus on high-volume testing. Becton shares were down 0.8%, and Waters fell past 11%.

Zimmer Biomet ( ZBH ) agreed to buy Monogram Technologies ( MGRM ) for an upfront payment of $4.04 per share in cash, the companies said. Monogram shares surged 75%, and Zimmer was down 0.2%.

OraSure Technologies ( OSUR ) received an unsolicited all-cash takeover offer in June from health care entrepreneur Ron Zwanziger, Reuters reported. OraSure ( OSUR ) shares were adding 0.3%.