<div id="readability-page-1">01:59 PM EST, 12/10/2025 (MT Newswires) -- Health care stocks rose Wednesday afternoon, with the NYSE Health Care Index adding 1% and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.8%.The iShares Biotechnology ETF (IBB) increased 0.3%.In corporate news, Pfizer ( PFE ) plans to cut more than 200 jobs in Switzerland as part of its multiyear cost reduction program, Bloomberg reported. Pfizer ( PFE ) shares were rising 0.8%.HeartBeam ( BEAT ) shares surged 60% after said Wednesday that the US Food and Drug Administration has granted a 510(k) clearance for its 12-lead electrocardiogram, or ECG, synthesis software for use at home or anywhere to assess arrhythmia.Centessa Pharmaceuticals ( CNTA ) is positioned to redefine narcolepsy treatment with its pipeline that includes best-in-class orexin agonists, Oppenheimer said in a Wednesday note. Oppenheimer kept its outperform rating while raising its price target to $62 from $40. Centessa shares rose 2.4%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

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Health care stocks rose, with NYSE Health Care Index up 1% and XLV ETF up 0.8%. Pfizer plans to cut 200 jobs in Switzerland, shares up 0.8%. HeartBeam shares surged 60% after FDA clearance for ECG software. Centessa Pharmaceuticals aims to redefine narcolepsy treatment, shares rose 2.4% after Oppenheimer raised price target to $62. MT Newswires does not provide investment advice.

- Health care stocks experienced gains, with the NYSE Health Care Index increasing by 1% and the State Street Health Care Select Sector SPDR ETF rising by 0.8%.  
- Pfizer announced plans to cut over 200 jobs in Switzerland as part of a cost reduction program, while HeartBeam's shares surged 60% following FDA clearance for its ECG software.  
- Centessa Pharmaceuticals aims to innovate narcolepsy treatment, prompting Oppenheimer to raise its price target for the company from $40 to $62.

Sector Update: Health Care Stocks Advance in Afternoon Trading