Sector Update: Healthcare Stocks Lean Lower Pre-Bell Wednesday
MT newswire2026/09/30 13:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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09:17 AM EDT, 09/30/2026 (MT Newswires) -- Healthcare stocks were leaning lower pre-bell Wednesday, with the iShares Biotechnology ETF (IBB) marginally declining and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.2%. Moderna (MRNA) has appointed Juan Andres to the newly created role of chief operating officer, effective Oct. 5, the company said. Shares of Moderna were down more than 7% premarket. Wave Life Sciences (WVE) stock was up more than 5% after the company said GSK (GSK) selected a liver disease drug candidate from their research partnership to advance into its development pipeline, entitling it to a $12 million milestone payment. Sagimet Biosciences (SGMT) licensing partner, Ascletis BioScience, said its oral acne treatment, denifanstat, met its primary safety endpoint in a 52-week study, paving the way for a pivotal US phase 3 trial. Sagimet shares were more than 12% higher in premarket trading.
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