03:36 PM EDT, 03/24/2025 (MT Newswires) -- Health care stocks were higher late Monday afternoon, with the NYSE Health Care Index up 0.3% and the Health Care Select Sector SPDR Fund (XLV) rising 0.8%.

The iShares Biotechnology ETF (IBB) climbed 1.3%.

In corporate news, Unity Biotechnology ( UBX ) shares fell 28% after it said UBX1325, its diabetic macular edema treatment for patients with poor vision, didn't achieve statistical non-inferiority at the primary analysis endpoint in a phase 2b trial.