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The new list was announced and made official on 29/06/09. The Russell indexes are widely used by investment managers and institutionals for index funds and as benchmarks for both passive and active investment strategies. It is estimated that $4 trillion in assets are currently benchmarked to Russell indexes.
The following healthcare sector companies will bring value to their shareholders and expose their stocks to a broader base of institutional investors. A complete list of all healthcare stocks whish were added and deleted can be found on BioMedReports.Com
Allied Healthcare International Inc.(NASDAQ:AHCI) - Allied Healthcare International Inc. is a provider of flexible, or temporary, healthcare staffing to the healthcare industry in the United Kingdom. The Company provides personal or basic care and nursing services in the home, in nursing and care homes and in hospitals. As of September 30, 2008, it operated an integrated network of approximately 100 branches throughout most of the United Kingdom. Its healthcare staff consists principally of homecare aides (known as carers in the United Kingdom), nurses and nurses aides. It maintains a listing of over 11,000 homecare aides, nurses and nurses aides.
AVANIR Pharmaceuticals(NASDAQ:AVNR) - Avanir Pharmaceuticals is a pharmaceutical company focused on developing, acquiring and commercializing therapeutic products for the treatment of chronic diseases. The Company's product candidates address therapeutic markets that include the central nervous system and inflammatory diseases. Its principal product candidate, Zenviatm (dextromethorphan hydrobromide/quinidine sulfate), is in Phase III clinical development for the treatment of pseudobulbar affect (PBA) and diabetic peripheral neuropathic pain (DPN pain). The Company's first commercialized product, docosanol 10% cream, (sold as Abreva by its marketing partner GlaxoSmithKline Consumer Healthcare in North America) is an over-the-counter treatment for cold sores that has been approved by the United States Food and Drug Administration (FDA).
AVI BioPharma, Inc.(NASDAQ:AVII) - AVI BioPharma, Inc. (AVI) is a biopharmaceutical company specializing in the discovery and development of ribonucleic acid (RNA)-based drugs targeting a range of diseases. The Company has developed and optimized derivatives of its antisense chemistry (phosphorodiamidate morpholino oligomers (PMOs)) that can be designed to target disease mechanisms through mechanisms of action. The applications of AVI's RNA technology platform include genetic diseases (Duchenne muscular dystrophy (DMD)), infectious diseases (Ebola and Marburg viruses), cardiovascular disease (restenosis) and other early discovery targets. Several of its antiviral programs, including Ebola, Marburg, Junin and Dengue, have been or are funded by the United States government, and other governmental and non-governmental funding. On March 20, 2008, the Company acquired Ercole Biotechnology, Inc. (Ercole).
BioScrip Inc.(NASDAQ:BIOS) - BioScrip, Inc. is a specialty pharmaceutical healthcare organization that partners with patients, physicians, healthcare payors and pharmaceutical manufacturers to provide access to medications and management solutions. The Company has two operating segments: specialty pharmaceutical services (Specialty Services) and pharmacy benefit management (PBM) services. The Company's Specialty Services include the support, dispensing and distribution, patient care management, data reporting, as well as a range of other therapy management services for chronic health conditions. These medications include orals, injectables and infusibles used to treat patients living with chronic health conditions and are provided directly to patients and physicians. Its PBM services include pharmacy network management, claims processing and benefit design, clinical services, drug utilization review, discount prescription card programs and mail order pharmacy fulfillment.
Investors are invited to view the entire list of new additions at:
http://biomedreports.com/articles/most-popular/1717-big-list-of-healthcare-stocks-crack-russell-3000.html
Biotech investors interested in seeing the complete database of clinical trials and upcoming FDA decisions can access that information here: http://biomedreports.com/fda-calendar/fda-calendar.html
Disclosure: No positions.
About BiomedReports.Com
BioMedReports.com is a news portal covering the biomedical news and financial sector. It features its own blog, discussion forum, stock research reports, news feeds, videos, press release capability, stock commentaries, and other unique content - including FDA and Clinical Trial Calendars plus a database that includes about 1,000 stocks and exchange-traded funds from the healthcare sector which are organized into various new healthcare stock indexes.
For more biomedical sector and investment news, go to www.BioMedReports.com
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