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Sector Update: Healthcare Stocks Advance Pre-Bell Thursday
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Sector Update: Healthcare Stocks Advance Pre-Bell Thursday
Aug 13, 2026 6:33 AM

09:13 AM EDT, 08/13/2026 (MT Newswires) -- Healthcare stocks were advancing pre-bell Thursday, with the State Street Health Care Select Sector SPDR ETF ( XLV ) up 0.3% and the iShares Biotechnology ETF (IBB) 0.6% higher.

MeiraGTx ( MGTX ) shares were up more than 7% after the company reported that it swung to a Q2 net income as revenue surged during the period.

Cullinan Therapeutics ( CGEM ) , Taiho Oncology and Taiho Pharmaceutical said a phase 3 clinical trial evaluating the combination of their jointly developed drug zipalertinib and chemotherapy as a first-line treatment for adults with previously untreated, locally advanced or metastatic non-small cell lung cancer met its primary endpoint of progression-free survival. Shares of Cullinan Therapeutics ( CGEM ) were up more than 7% premarket.

Ascendis Pharma ( ASND ) stock was up more than 1% after the company posted higher Q2 non-IFRS earnings and revenue.

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