Sector Update: Health Care Stocks Lower Premarket Monday
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Health care stocks were lower premarket Monday, with the iShares Biotechnology ETF down 0.3% and the State Street Health Care Select Sector SPDR ETF down 0.5%. GH Research shares surged over 38% after the FDA lifted the clinical hold on its drug application for GH001. Novo Nordisk's stock rose more than 2% as it announced a $149 monthly price for its Wegovy weight loss drug. Gyre Therapeutics shares increased nearly 6% following an agreement for conditional approval of its liver fibrosis treatment in China.
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