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Sector Update: Healthcare Stocks Rise Tuesday Afternoon

Sector Update: Healthcare Stocks Rise Tuesday Afternoon

MT newswireMT newswire2026/09/22 17:30
01:30 PM EDT, 09/22/2026 (MT Newswires) -- Healthcare stocks rose Tuesday afternoon, with the NYSE Healthcare Index adding 0.4% and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.7%. The iShares Biotechnology ETF (IBB) climbed up 1.7%. In corporate news, Amgen (AMGN) shares gained 3.6% after the firm reported positive topline results from its phase 3 trial of dazodalibep in adults with Sjogren's disease and moderate-to-severe systemic disease activity. Viking Therapeutics (VKTX) shares surged 29% after the firm said Tuesday VK2735 showed "superior weight maintenance" under less frequent dosing regiments compared with a placebo over a 12-week period in a clinical study. Compass Therapeutics (CMPX) shares fell past 28% after the firm said the US Food and Drug Administration recommended a new trial showing survival benefit before submitting a biologics license application for tovecimig in patients with previously treated, advanced biliary tract cancer.
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