
Sector Update: Health Care Stocks Advance Premarket Wednesday

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Health care stocks are advancing premarket Wednesday, with the State Street Health Care Select Sector SPDR ETF up 0.1% and the iShares Biotechnology ETF up 0.7%. GSK shares rose over 1% following FDA approval for a new asthma treatment. Sagimet Biosciences' stock increased by more than 3% after a licensing agreement with TAPI Technology. Compugen shares surged over 13% after amending a license agreement with AstraZeneca.

