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Zack Lynch Zack Lynch is the executive director of the Neurotechnology Industry Organization (NIO) and co-founder of NeuroInsights. He serves on the advisory boards of the McGovern Institute for Brain Research at MIT,Center for Cognitive Liberty & Ethics, the Center for Neuroeconomic Studies and SocialText, a social software company. He is currently writing a book on how neurotech is shaping business, politics and culture. Please send newsworthy items or feedback - to Zack Lynch.
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July 2, 2008

Nasdaq NeuroInsights Neurotech Index Update

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Posted by Zack Lynch

NERV0608.pngThe NASDAQ NeuroInsights Neurotech Index (NERV) underwent its biannual assessment resulting in the addition of three companies Adolor (ADLR), Noven (NOVN) and Somanetics (SMTS) and the loss of seven whose market cap dropped below the $200 million minimum, namely Alexza (ALXA), Aspect Medical (ASPM), Javelin (JAV), Micrus (MEND), Neurocrine (NBIX), Northstar Neuroscience (NSTR), and Vanda Pharmaceuticals (VNDA). Realtime quote of NERV.

Index Performance: As of June 30, historical back-testing indicates that ^NERV is up 9% from a theoretical start date of June 2005, compared to respective gains of 7.5% and 17% for the S&P 500 and the NASDAQ Biotech Index. The historical values prior to the Index launch are based on NASDAQ’s calculation of how the index may have performed over time if it existed. The back-tested Index Values are purely hypothetical and are solely for information purposes only. Back-tested Index Values do not represent actual Index performance and are not indicative of actual Index performance. The index began calculation on September 25, 2007.

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