---
title: "Sector Update: Healthcare Stocks Advance Late Afternoon"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286149036.md"
description: "Healthcare stocks saw gains late Tuesday, with the NYSE Healthcare Index and the State Street Healthcare Select Sector SPDR ETF rising about 2%. Notable movements included a 3% drop in West Pharmaceutical Services due to a cyberattack, and a 7% increase in Alkermes after positive trial results for Lumryz. Sonida Senior Living's stock decline was deemed unwarranted by RBC, which raised its price target. Dr. Reddy's Laboratories plans to launch a generic Ozempic in Canada, with its shares falling 5.3%."
datetime: "2026-05-12T19:58:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286149036.md)
  - [en](https://longbridge.com/en/news/286149036.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286149036.md)
---

# Sector Update: Healthcare Stocks Advance Late Afternoon

03:58 PM EDT, 05/12/2026 (MT Newswires) -- Healthcare stocks advanced late Tuesday afternoon, with the NYSE Healthcare Index and the State Street Healthcare Select Sector SPDR ETF (XLV) each rising about 2%.

The iShares Biotechnology ETF (IBB) increased 1.2%.

In sector news, President Donald Trump said Tuesday that US Food and Drug Administration Commissioner Marty Makary is resigning, Bloomberg reported.

In corporate news, West Pharmaceutical Services ( WST ) shares were down 3% after the company said in a regulatory filing its global operations were disrupted by a cyberattack.

Alkermes ( ALKS ) shares jumped past 7% after the firm said Tuesday a late-stage trial of Lumryz oral suspension in adults with idiopathic hypersomnia, a rare condition in which patients require excessive sleep, met all primary and secondary targets.

Sonida Senior Living's ( SNDA ) recent stock decline was unwarranted given the broad-based strength in its Q1 results, RBC said in a note. RBC kept its outperform rating and raised its price target to $45 from $39. Shares eased 0.2%.

Dr. Reddy's Laboratories (RDY) plans to launch a generic version of Novo Nordisk's ( NVO ) Ozempic this month in Canada, Bloomberg reported Tuesday, citing Chief Executive Erez Israeli. Dr. Reddy's shares fell 5.3%, and Novo rose 1.1%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [ALKS.US](https://longbridge.com/en/quote/ALKS.US.md)
- [RDY.US](https://longbridge.com/en/quote/RDY.US.md)
- [WST.US](https://longbridge.com/en/quote/WST.US.md)
- [XHS.US](https://longbridge.com/en/quote/XHS.US.md)
- [VHT.US](https://longbridge.com/en/quote/VHT.US.md)
- [IXJ.US](https://longbridge.com/en/quote/IXJ.US.md)
- [XLV.US](https://longbridge.com/en/quote/XLV.US.md)
- [FBT.US](https://longbridge.com/en/quote/FBT.US.md)
- [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md)
- [LABU.US](https://longbridge.com/en/quote/LABU.US.md)
- [BIB.US](https://longbridge.com/en/quote/BIB.US.md)
- [XHE.US](https://longbridge.com/en/quote/XHE.US.md)
- [XBI.US](https://longbridge.com/en/quote/XBI.US.md)
- [PBE.US](https://longbridge.com/en/quote/PBE.US.md)
- [IHE.US](https://longbridge.com/en/quote/IHE.US.md)
- [BBH.US](https://longbridge.com/en/quote/BBH.US.md)
- [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md)
- [IBB.US](https://longbridge.com/en/quote/IBB.US.md)
- [IHI.US](https://longbridge.com/en/quote/IHI.US.md)
- [SNDA.US](https://longbridge.com/en/quote/SNDA.US.md)
- [RY.US](https://longbridge.com/en/quote/RY.US.md)
- [NVO.US](https://longbridge.com/en/quote/NVO.US.md)

## Related News & Research

- [LifeSci Capital Sticks to Their Buy Rating for Tenax Therapeutics (TENX)](https://longbridge.com/en/news/286648286.md)
- [Alkermes reports encouraging data from Phase III study of Lumryz](https://longbridge.com/en/news/286349759.md)
- [UnitedHealth Group Incorporated $UNH Holdings Boosted by GSA Capital Partners LLP](https://longbridge.com/en/news/286878927.md)
- [Radnor Capital Management LLC Has $1.65 Million Stock Holdings in West Pharmaceutical Services, Inc. $WST](https://longbridge.com/en/news/286893528.md)
- [UnitedHealth falls after Berkshire sells stake in health insurer](https://longbridge.com/en/news/286774799.md)