Sector Update: Health Care Stocks Mixed Premarket Wednesday

MT Newswires Live

Oct 01

Health care stocks were mixed premarket Wednesday, with The Health Care Select Sector SPDR Fund (XLV) up 0.1% and the iShares Biotechnology ETF (IBB) 0.1% lower.

Bristol-Myers Squibb (BMY) said its monoclonal antibody BMS-986446 to treat early Alzheimer's disease has received fast track designation from the US Food and Drug Administration. Shares of Bristol-Myers Squibb were up more than 1% pre-bell.

Catalyst Pharmaceuticals (CPRX) stock was up more than 2% after the company said its board has approved a new share repurchase program to buy back up to $200 million of its common stock.

Halozyme Therapeutics (HALO) shares were up more than 2% after the company said it has agreed to acquire Elektrofi for an upfront payment of $750 million and up to three $50 million in milestone payments.

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Shares of Bristol-Myers Squibb were up more than 1% pre-bell.</p><p>Catalyst Pharmaceuticals (CPRX) stock was up more than 2% after the company said its board has approved a new share repurchase program to buy back up to $200 million of its common stock.</p><p>Halozyme <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> (HALO) shares were up more than 2% after the company said it has agreed to acquire Elektrofi for an upfront payment of $750 million and up to three $50 million in milestone payments.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBB","symbol_name":"生物科技指数ETF-iShares Nasdaq","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2572534919","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572534919","pubTimestamp":1759324691,"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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