Health care stocks were mixed premarket Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.2% lower and the iShares Biotechnology ETF (IBB) up 0.8%.
Eli Lilly (LLY) has entered early discussions with French authorities to explore a possible acquisition of biotech firm Abivax (ABVX), La Lettre reported, according to Google-translated text of the report. Abivax shares were up more than 17% pre-bell.
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