09:08 AM EDT, 03/20/2024 (MT Newswires) -- Health care stocks were steady premarket Wednesday, with the iShares Biotechnology ETF (IBB) and Health Care Select Sector SPDR Fund (XLV) each recently inactive.

BioNTech (BNTX) was declining more than 5% after it reported lower Q4 earnings and revenue.

Aquestive Therapeutics ( AQST ) was almost 12% lower after it priced an underwritten public offering of about 16.7 million common shares at $4.50 per share, targeting gross proceeds of about $75 million.

Vera Therapeutics ( VERA ) was up more than 4% after it reported a 2023 loss of $2.25 per diluted share, narrower than a per-share loss of $3.35 a year earlier. Analysts polled by Capital IQ expected a loss of $2.18.