Halozyme Therapeutics Added to Nasdaq Biotech Index
13 November 2007 - 8:15AM
PR Newswire (US)
SAN DIEGO, Nov. 12 /PRNewswire-FirstCall/ -- Halozyme Therapeutics,
Inc. (NASDAQ:HALO), a biopharmaceutical company developing and
commercializing products based on the extracellular matrix, today
announced that it has been selected for addition to the NASDAQ
Biotechnology Index(R) (NASDAQ:NBI), effective Monday, November 19.
Launched in 1993, the NASDAQ Biotechnology Index is ranked on a
semi-annual basis in May and November and serves as the basis for
the iShares NASDAQ Biotechnology Fund (AMEX:IBB). Securities
included in the NASDAQ Biotechnology Index must be listed on the
NASDAQ National Market and be classified according to the FTSE(TM)
Global Classification System as either biotechnology or
pharmaceutical. Additionally, securities in the index must meet
minimum requirements for market value, average daily share volume
and seasoning as a public company, among other criteria. For more
information about the NASDAQ Biotechnology Index, including
eligibility criteria, visit http://www.nasdaq.com/. About Halozyme
Therapeutics, Inc. Halozyme is a biopharmaceutical company
developing and commercializing products based on the extracellular
matrix for the drug delivery, oncology and dermatology markets. The
company's portfolio of products and product candidates is based on
intellectual property covering the family of human enzymes known as
hyaluronidases. The company's Enhanze Technology is a novel drug
delivery platform designed to increase the absorption and
dispersion of biologics. Its key partnerships are with Roche to
apply Enhanze Technology to Roche's biological therapeutic
compounds for up to 13 targets and with Baxter to apply Enhanze
Technology to Baxter's biological therapeutic compound, GAMMAGARD
LIQUID 10%. In addition, the company has received FDA approval for
two products: Cumulase(R), for use in in-vitro fertilization, and
HYLENEX, for use as an adjuvant to increase the absorption and
dispersion of other injected drugs and fluids. HYLENEX is partnered
with Baxter International Inc. The Company also has a number of
different enzymes in its portfolio that are targeting significant
areas of unmet need. Halozyme Contact Investor Relations Contact
David A. Ramsay Don Markley Chief Financial Officer
Lippert/Heilshorn & Associates (858) 704-8260 (310) 691-7100
DATASOURCE: Halozyme Therapeutics, Inc. CONTACT: Halozyme, David A.
Ramsay, Chief Financial Officer of Halozyme Therapeutics, Inc.,
+1-858-704-8260, ; or Investor Relations, Don Markley of
Lippert-Heilshorn & Associates, +1-310-691-7100, , for Halozyme
Therapeutics, Inc. Web site: http://www.halozyme.com/
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