Sector Update: Health Care Stocks Rise Premarket Wednesday

MT Newswires Live
2025/05/14

Health care stocks were rising premarket Wednesday, with The Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) up 0.5%

Novo Nordisk (NVO) and Septerna (SEPN) said they will collaborate on a project to develop and commercialize oral small molecule medicines for obesity, type 2 diabetes and other cardiometabolic diseases. Shares of Septerna were up past 68% while Novo Nordisk stock was over 2% higher pre-bell.

GSK (GSK) has agreed to acquire Boston Pharmaceuticals' investigational steatotic liver disease treatment efimosfermin alfa for up to $2 billion in cash, the companies said. GSK shares were up over 1% premarket.

Scholar Rock (SRRK) shares were up 0.9% even after the company reported a wider Q1 net loss.

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