Sector Update: Health Care

Tuesday, November 24, 2020 3:49 PM | MT Newswires

Health care stocks held on for narrow gains this afternoon, with the NYSE Health Care Index rising 0.3% while the SPDR Health Care Select Sector ETF also was up 0.3%. The Nasdaq Biotechnology index, however, was dropping 0.7% on Tuesday. In company news, PolyPid (PYPD) climbed over 15% after its D-Plex100 product candidate received breakthrough therapy designation from the US Food and Drug Administration for the prevention of surgical site infections in patients following elective colorectal surgery.

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