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Will Biotech ETFs Benefit from Biogen s New Alzheimer s Drug?

Biotech investors may have reason to celebrate this week, as the FDA approved Biogen’s Alzheimer’s disease drug Aducanumab on Monday.

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Top COVID-19 Vaccine Stories of April Put Biotech ETFs in Focus

Top COVID-19 Vaccine Stories of April Put Biotech ETFs in Focus Zacks.com 5/4/2021 The world’s largest economy has started to witness a decline in the number of new coronavirus cases. In fact, the seven-day average of daily cases dropped to under 50,000, down 17% from the previous week (as of May 1), per a CNBC article. There has been a decline in the number of hospitalizations as well along with a decreasing death toll from coronavirus infections. Popular Searches In fact, former U.S. FDA commissioner Scott Gottlieb is predicting a “relatively quiet summer when it comes to coronavirus spread,” as mentioned in a CNBC article. Going by the same article, he has said on CBS News that “look, the situation in the U.S. continues to improve, and I think in the coming weeks we are going to see an acceleration in the decline in cases.”

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Avidity Biosciences Announces Addition to the Nasdaq Biotechnology Index

Avidity Biosciences Announces Addition to the Nasdaq Biotechnology Index News provided by Share this article Share this article LA JOLLA, Calif., Dec. 21, 2020 /PRNewswire/ Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company pioneering a new class of oligonucleotide-based therapies called Antibody Oligonucleotide Conjugates (AOCs™), today announced that it has been added to the Nasdaq Biotechnology Index (Nasdaq: NBI), which became effective prior to market open on Monday, December 21, 2020. The NASDAQ Biotechnology Index is designed to track the performance of a set of securities listed on the NASDAQ Stock Market® (NASDAQ®) that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark (ICB). The NASDAQ Biotechnology Index is re-ranked annually and all securities in the index are listed on the NASDAQ Global Market or the NASDAQ Global Select Market and meet minimum market value and share volume requireme

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Syndax Pharmaceuticals To Be Added to the NASDAQ Biotechnology Index

Syndax Pharmaceuticals To Be Added to the NASDAQ Biotechnology Index
homenewshere.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from homenewshere.com Daily Mail and Mail on Sunday newspapers.

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Ovid Therapeutics Announces Addition to the Nasdaq Biotechnology Index

Share: NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) Ovid Therapeutics Inc. (NASDAQ:OVID), a biopharmaceutical company committed to developing medicines that transform the lives of people with rare neurological diseases, today announced that it has been added to the Nasdaq Biotechnology Index (NASDAQ:NBI). The addition will become effective prior to market open on Monday, December 21, 2020. The NASDAQ Biotechnology Index is designed to track the performance of a set of securities listed on the NASDAQ Stock Market® (NASDAQ®) that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark (ICB). The NASDAQ Biotechnology Index is re-ranked annually and all securities in the index are listed on the NASDAQ Global Market or the NASDAQ Global Select Market, and meet minimum market value and share volume requirements among other criteria. The NASDAQ Biotechnology Index is the basis for the iShares NASDAQ Biotechnology Index

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