01:41 PM EDT, 08/07/2026 (MT Newswires) -- Healthcare stocks rose Friday afternoon, with the NYSE Healthcare Index adding 0.4% and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.3%.

The iShares Biotechnology ETF (IBB) climbed 1.4%.

In corporate news, Neurocrine Biosciences ( NBIX ) shares gained 2.5% after the company said Friday it has started a phase 1 first-in-human trial of NBIP-1968, an experimental drug for obesity.

ANI Pharmaceuticals ( ANIP ) shares were down 6.2% even after it posted higher Q2 adjusted earnings and net revenue.

The US Food and Drug Administration said Friday it issued an emergency use authorization for Elanco Animal Health's ( ELAN ) CLiK Extra wound spray to prevent New World screwworm infestations in sheep, cattle, goats, swine and several other animal species. Elanco shares were down past 5%.