Sector Update: Health Care Stocks Rise in Afternoon Trading

MT Newswires Live

Aug 21

Health care stocks gained Wednesday afternoon, with the NYSE Health Care Index up 0.4% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%.

The iShares Biotechnology ETF (IBB) increased 0.4%.

In corporate news, Trinity Biotech (TRIB) shares jumped about 28% after it said Wednesday that it has received regulatory approval to begin offshore and outsourced manufacturing of its TrinScreen HIV rapid test.

Tharimmune (THAR) shares surged 103% after it said Wednesday that results from an analysis of its lead drug candidate TH104 showed that it could potentially be used as a countermeasure for military personnel and chemical incident responders exposed to high-potency opioids, including weaponized fentanyl.

CVS Health's (CVS) Caremark unit has been ordered to pay about $289.9 million in a whistleblower case involving Medicare fraud claims, according to a court ruling on Tuesday. CVS shares increased 0.2%.

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CVS shares increased 0.2%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1571399168.USD","symbol_name":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2561702483","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2561702483","pubTimestamp":1755711537,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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