09:14 AM EDT, 04/08/2025 (MT Newswires) -- Health care stocks rose pre-bell Tuesday with the Health Care Select Sector SPDR Fund ( XLV ) up 2.9% and the iShares Biotechnology ETF (IBB) 1.8% higher recently.

Pacira Biosciences ( PCRX ) shares advanced by nearly 16% after the company said it settled the litigation with Fresenius Kabi USA, Jiangsu Hengrui Pharmaceuticals, and eVenus Pharmaceuticals Laboratories related to patents for Exparel.

Walgreens Boots Alliance ( WBA ) shares were up over 1% after the company reported fiscal Q2 adjusted earnings per share and sales that exceeded analysts' expectations.

CVS Health ( CVS ) said it has named Brian Newman as chief financial officer, starting May 12, and Amy Compton-Phillips as chief medical officer, starting May 19. Shares of CVS Health ( CVS ) rose by over 11% premarket.