Healthcare stocks were rising pre-bell Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1.2% higher and the iShares Biotechnology ETF (IBB) up 1.1%.
Vivani Medical (VANI) said Novo Nordisk (NVO) will conduct an internal evaluation of NPM-139, Vivani's semaglutide drug implant intended for chronic weight management, under a new agreement. Shares of Novo Nordisk were up more than 2% premarket.