<div id="readability-page-1">04:01 PM EST, 12/04/2025 (MT Newswires) -- Health care stocks declined late Thursday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 0.9%.The iShares Biotechnology ETF (IBB) eased 0.1%.In corporate news, Humana (HUM) is working with entrepreneur Mark Cuban on a potential pharmacy partnership through Cuban's Cost Plus Drugs venture, Bloomberg reported, citing comments made by Humana's Chief Executive Jim Rechtin at an industry event. Humana shares were down 1.4%.Cross Country Healthcare ( CCRN ) shares fell 20% after it reported Thursday the termination of its merger agreement with Aya Healthcare.Philips (PHG) shares dropped 5% after Reuters reported that executives indicated at an industry event that 2026 organic sales growth is unlikely to double from roughly 2% this year. The company later said it still expects comparative sales growth to accelerate sequentially in 2026 toward mid-single-digit levels, while noting this does not imply doubling growth every single year in its multiyear trajectory.Regentis Biomaterials ( RGNT ) shares fell 11% in their debut on the New York Stock Exchange American after the company priced its initial public offering at $8 a share, raising $10 million in gross proceeds. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

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Health care stocks fell, with NYSE Health Care Index and XLV down 0.9%. Humana is exploring a pharmacy partnership with Mark Cuban's Cost Plus Drugs. Cross Country Healthcare's shares dropped 20% after ending its merger with Aya Healthcare. Philips shares fell 5% due to modest sales growth expectations. Regentis Biomaterials debuted on NYSE American, raising $10 million at $8 per share.

Sector Update: Health Care Stocks Slide Late Afternoon