09:06 AM EST, 02/28/2025 (MT Newswires) -- Health care stocks were steady pre-bell Friday, with the iShares Biotechnology ETF (IBB) and Health Care Select Sector SPDR Fund ( XLV ) inactive.

ANI Pharmaceuticals ( ANIP ) shares were up nearly 15% after the company reported higher Q4 adjusted earnings and revenue in addition to raising its 2025 sales outlook.

Apellis Pharmaceuticals ( APLS ) stock was over 4% higher after the company posted a narrower Q4 net loss as revenue increased during the period.

Recursion Pharmaceuticals ( RXRX ) shares were down more than 12% after the company reported a wider Q4 loss as revenue fell during the period.