09:18 AM EDT, 03/25/2024 (MT Newswires) -- Health care stocks were steady premarket Monday as the iShares Biotechnology ETF ( IBB ) was inactive and the Health Care Select Sector SPDR Fund (XLV) was down a slight 0.1% recently.

Masimo ( MASI ) activist investor Politan Capital Management said it is nominating two candidates to the health technology company's board. Masimo ( MASI ) was up more than 12% pre-bell.

Esperion Therapeutics ( ESPR ) was over 19% higher after the company said the US Food and Drug Administration approved Nexletol and Nexlizet for expanded use in cardiovascular risk reduction and lowering low-density lipoprotein cholesterol for both primary and secondary prevention patients.

Ocugen ( OCGN ) was up more than 11% after a federal appeals court upheld a lower-court decision, dismissing allegations of misleading shareholders with its statements about a prospective COVID-19 vaccine and its approvals in the US.