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NASDAQ Biotechnology Index

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NASDAQ Biotechnology Index
An index tracking pharmaceutical, biological research and similar companies whose shares trade on NASDAQ. It is weighted under a modified market capitalization scheme; the securities that compose it are updated semi-annually.


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But the Nasdaq Biotechnology Index (NBI) – a proxy for the biotech industry – has spanked stocks in general by an additional 10%.
Already, the smallest in the Nasdaq Biotechnology Index are down 84% from their 52-week high, vs.
Finally, on May 22, Affymetrix, Caliper Life Sciences and Luminex were removed from the NASDAQ Biotechnology Index due to a change in their classification by the Industry Classification Benchmark.
 
 
 
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