Loncar Cancer Immunotherapy Index Conducts Semi-Annual Rebalance
16 Décembre 2015 - 1:00PM
Business Wire
Loncar Investments, LLC today announced the result of the
semi-annual rebalance and reconstitution of the Loncar Cancer
Immunotherapy Index, a group of the top 30 companies developing
cancer immunotherapy treatments and finding new ways to use the
body’s immune system to fight cancer.
The index committee has determined that Celyad (Nasdaq: CYAD),
CytomX Therapeutics (Nasdaq: CTMX), NantKwest (Nasdaq: NK), and
Xencor (Nasdaq: XNCR) are to be added to the index.
These additions replace Northwest Biotherapeutics (Nasdaq:
NWBO), Oncothyreon (Nasdaq: ONTY), Sorrento Therapeutics (Nasdaq:
SRNE), and TESARO (Nasdaq: TSRO).
In addition, all index holdings have been rebalanced to hold
equal weight. The index is rebalanced and reconstituted
semi-annually. The next rebalance will occur on June 21, 2016.
Loncar Investments is a proud supporter of the Cancer Research
Institute, the world’s only nonprofit organization dedicated
exclusively to harnessing the immune system’s power to conquer all
cancers. To learn about how to give to CRI, please visit here.
Why immunotherapy: Cancer immunotherapy has become an
important sector in the biotechnology space and is changing the way
many cancers are treated. While traditional medicines like
chemotherapies often give cancer a broad punch, the benefit of
using immunotherapy is derived from the immune system's dynamic
nature and the way it can more precisely be tailored to fight a
patient's disease. Some immunotherapies have already exhibited
uncommon results in clinical trials including partial and complete
responses in late stage cancer patients.
About the index: The Loncar Cancer Immunotherapy Index is
a professional equal-weighted index of 30 top immunotherapy
companies rebalanced and reconstituted on a semi-annual basis.
Price and return data are independently calculated on a daily basis
by Indxx, LLC. This is a sector index similar to Technology sector
indices (Internet, Cyber Security, Cloud Computing, etc.). Sector
indices allow investors to track interest areas more precisely than
broad indices. Additional info can be found at the index’s
dedicated website, www.LoncarIndex.com.
Index provider: Loncar Investments, LLC, the provider of
the index, is principally owned by biotech investor Brad Loncar.
Mr. Loncar regularly provides his unique insight and analysis on
this market segment to the investment community via a variety of
publishing platforms. Through Loncar Investments LLC, Mr. Loncar
incorporates his extensive research into biotech companies and
technologies to develop indexes focused on precise investment
opportunities. He previously worked in the financial services
industry at Franklin Templeton Investments, and was appointed to
serve in a Senior Adviser role at the U.S. Department of the
Treasury. Mr. Loncar can be followed on Twitter
at @bradloncar.
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