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Sector Update: Healthcare Stocks Fall in Afternoon Trading
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Sector Update: Healthcare Stocks Fall in Afternoon Trading
May 29, 2026 11:14 AM

01:48 PM EDT, 05/29/2026 (MT Newswires) -- Healthcare stocks declined Friday afternoon, with the NYSE Healthcare Index decreasing 0.8% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.9%.

The iShares Biotechnology ETF (IBB) rose 0.3%.

In corporate news, AstraZeneca's ( AZN ) Alexion Rare Disease unit said Friday that a phase 3 program evaluating anselamimab in light chain amyloidosis did not meet its primary endpoint in the overall patient population. Shares were fractionally lower.

Becton, Dickinson ( BDX ) said it has resumed US shipments of ChloraPrep after completing additional assessments and implementing final release testing. Shares were little changed.

Replimune ( REPL ) shares surged 85% after the firm said Friday it will resubmit its biologics license application for vusolimogene oderparepvec for advanced melanoma in the coming days.

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