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Sector Update: Health Care Stocks Softer Wednesday Afternoon
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Sector Update: Health Care Stocks Softer Wednesday Afternoon
Jun 25, 2025 10:59 AM

01:44 PM EDT, 06/25/2025 (MT Newswires) -- Health care stocks were decreasing Wednesday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%.

The iShares Biotechnology ETF (IBB) shed 0.8%.

In corporate news, GSK (GSK) and Bharat Biotech International said Wednesday that they plan to progressively cut the price of the RTS,S malaria vaccine by more than half to less than $5 by 2028. GSK shares were down 1.1%.

Lifeward ( LFWD ) shares tumbled 37% after it said Wednesday it has priced a public offering of 4 million ordinary shares and warrants to buy another 4 million shares at $0.65 per share and warrant for gross proceeds of about $2.6 million.

IceCure Medical ( ICCM ) shares rose 3% after it said Wednesday that its board approved a $10 million rights offering to all ordinary shareholders of record on July 9.

GlucoTrack ( GCTK ) shares surged about 37%. The company said Wednesday the first human trial of its continuous blood glucose monitor met all primary and secondary endpoints.

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