Sector Update: Health Care

MT Newswires Live

2024/09/30

Health care stocks were flat to slightly lower premarket Monday as the Health Care Select Sector SPDR Fund (XLV) was down 0.01% and the iShares Biotechnology ETF (IBB) was flat recently.

Prime Medicine (PRME) shares rose nearly 19% after the company announced a strategic research collaboration and license agreement with Bristol Myers Squibb (BMY) to develop reagents for the next generation of ex vivo T-cell therapies.

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