Source:
BioVeris Corp.
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Posted:
17th May, 2004
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BioVeris Listed on
NASDAQ
BioVeris Corporation have announced that it
has been added to the NASDAQ Biotechnology Index, effective May 24, 2004. The
NASDAQ Biotechnology Index is designed to measure the performance of a cross
section of NASDAQ National Market-listed companies that are classified
according to the FTSE Global Classification System as either
biotechnology or pharmaceutical.
Companies included in the Index meet specific eligibility requirements
including market capitalization of at least $200 million and an average daily
trading volume of at least 100,000 shares among other criteria. The Index,
founded in 1993, serves as the basis for the iShares NASDAQ Biotechnology Index
Fund (SM) (IBB).
Based on electrochemiluminescence technology, BioVeris supplies assays for the
life sciences, clinical applications and industrial/biodefense areas.
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