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Sector Update: Healthcare Stocks Edge Higher Premarket Friday

Sector Update: Healthcare Stocks Edge Higher Premarket Friday

MT newswireMT newswire2026/10/16 13:11
09:11 AM EDT, 10/16/2026 (MT Newswires) -- Healthcare stocks were edging higher premarket Friday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) advancing by 0.5%. Tiziana Life Sciences (TLSA) stock was up more than 1% after the company said it has started dosing the last patient under the phase 2 trial of intranasal foralumab in patients with early/mild Alzheimer's disease. Omeros (OMER) shares were down more than 4% after the company said the European Union's Committee for Medicinal Products for Human Use rejected again its application to market narsoplimab for a rare blood complication that follows stem cell transplants. MDxHealth (MDXH) stock was down more than 43% after the company suspended its full-year 2026 revenue guidance after preliminary Q3 revenue fell short of expectations, citing unexpected turnover among sales staff following the discontinuation of its Resolve mdx business.
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