Sector Update: Health Care Stocks Flat to Higher Premarket Tuesday

MT Newswires Live

Dec 31, 2024

Health care stocks were flat to higher pre-bell Tuesday as the iShares Biotechnology ETF (IBB) was flat and the Health Care Select Sector SPDR Fund (XLV) was up 0.2%.

Sangamo Therapeutics (SGMO) shares fell past 52% after the company said it will regain full development and commercialization rights for giroctocogene fitelparvovec as Pfizer (PFE) decided to terminate the collaboration and licensing agreement for the prospective hemophilia A gene therapy.

Corcept Therapeutics (CORT) shares rose by more than 5% after the company said it filed a new drug application to the US Food and Drug Administration for relacorilant to treat patients with endogenous hypercortisolism.

Acadia Pharmaceuticals (ACAD) is set to join the S&P SmallCap 600 index on Jan. 3, replacing Independent Bank Group (IBTX), S&P Dow Jones Indices said. Acadia Pharmaceuticals shares were up over 8% premarket.

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Acadia Pharmaceuticals shares were up over 8% premarket.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0321505868.SGD","symbol_name":"Schroder ISF Global Dividend Maximiser A Dis SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2495261881","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2495261881","pubTimestamp":1735653481,"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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