Loncar Cancer Immunotherapy Index Conducts Semi-Annual Rebalance
20 Décembre 2017 - 2:00PM
Business Wire
Three Biotechnology Companies Added to the
Index
Loncar Investments, LLC today announced the result of the
semi-annual rebalance and reconstitution of the Loncar Cancer
Immunotherapy Index, a stock index of the top 30 companies
developing cancer immunotherapy treatments and discovering new ways
to use the body’s immune system to fight cancer.
The Committee has added Idera Pharmaceuticals (Nasdaq: IDRA),
Nektar Therapeutics (Nasdaq: NKTR) and Pieris Pharmaceuticals
(Nasdaq: PIRS) to the index.
These additions replace Advaxis (Nasdaq: ADXS), Curis (Nasdaq:
CRIS) and Syndax Pharmaceuticals (Nasdaq: SNDX).
“Immunotherapy delivered important advances to cancer treatment
this year, including gaining first-time FDA approvals to treat
types of colorectal, gastric and lung cancers, as well as
hepatocellular carcinoma, Merkel cell carcinoma, leukemia and
lymphoma,” said Brad Loncar, CEO of Loncar Investments and Chairman
of the index committee. “We are proud of the critical roles that
our index constituents have played in the advancement of
immunotherapy and welcome these three new additions that bring
innovative and unique approaches to the field.”
Effective this week, 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 19, 2018.
Loncar Investments is an official partner of the Cancer Research
Institute, the world’s longest running nonprofit organization
dedicated exclusively to harnessing the immune system’s power to
conquer all cancers. To learn about how to donate 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.
About the index: The Loncar Cancer Immunotherapy Index is
an 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, Robotics, etc.). Sector indices allow
investors to track interest areas more precisely than broad
indices. Additional information can be found at the index’s
dedicated website, www.LoncarIndex.com.
Index provider: Loncar Investments, LLC is committed to
making the biotechnology space more approachable to a wider range
of investors. The company is principally owned by biotech investor
and analyst Brad Loncar. Mr. Loncar manages a biotech-focused
family portfolio from his Lenexa, Kan. office. He can be followed
on Twitter at @bradloncar and his commentary is available at
www.loncarblog.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171220005045/en/
Gregory FCA for Loncar InvestmentsJill
Tatios, 215-240-6398loncar@gregoryfca.com
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