01:38 PM EDT, 07/22/2026 (MT Newswires) -- Healthcare stocks declined Wednesday afternoon, with the NYSE Healthcare Index down 0.4% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.3%.
The iShares Biotechnology ETF (IBB) fell 0.7%.
In corporate news, Repligen ( RGEN ) has agreed to acquire BioLife Solutions ( BLFS ) in a deal valued at about $1.5 billion, the companies said. Repligen ( RGEN ) shares climbed up 3.2%, and BioLife jumped past 7%.
Amgen ( AMGN ) has agreed to pay $74 million to settle a shareholder lawsuit alleging the company waited too long to disclose it may owe the Internal Revenue Service $10.7 billion in back taxes, penalties and interest, news outlets reported Tuesday. Amgen ( AMGN ) shares were up 0.4%.
Tiziana Life Sciences ( TLSA ) shares rose 1.5% after the firm said Wednesday that founder and Executive Chairman Gabriele Cerrone has purchased 42,357 shares at $0.99 apiece.