Mergent, Inc. Announces Changes to the HealthShares(TM) Composite Index, HealthShares(TM) Dermatology and Wound Care Index and H
May 14 2008 - 4:30PM
PR Newswire (US)
NEW YORK, May 14 /PRNewswire/ -- Mergent, Inc., administrator for
the HealthShares(TM) Indexes, a series of 20 underlying indexes for
the HealthShares(TM) Exchange Traded Funds, today announced the
following changes with effect from the opening of trade on Monday
May 19, 2008: Genzyme Corporation (NASDAQ:GENZ) will replace
LifeCell Corp. (NASDAQ:LIFC) in the HealthShares(TM) Composite
Index, Ligand Pharmaceuticals Inc. (NASDAQ:LGND) will replace
LifeCell Corp. (NASDAQ:LIFC) in the HealthShares(TM) Dermatology
and Wound Care Index and Genzyme Corporation (NASDAQ:GENZ) will
replace LifeCell Corp. (NASDAQ:LIFC) in the HealthShares(TM)
Orthopedic Repair Index. LifeCell Corp. is being acquired by
Kinetic Concepts Inc. (NYSE:KCI) through a cash tender offer. The
HealthShares(TM) Composite Index consists of the 80 largest
companies, by market capitalization, that are engaged in
healthcare, life sciences and/or biotechnology that are part of the
16 underlying HealthShares(TM) Indexes, selecting the top 5
companies in market capitalization from each of the Composite
Eligible Indexes. Companies included in the HealthShares(TM)
Dermatology and Wound Care Index are engaged in the research,
clinical development and/or commercialization of therapeutic agents
for the treatment of a wide variety of skin disorders by topical or
systemic means. Companies included in the HealthShares(TM)
Orthopedic Repair Index are engaged in the manufacturing,
distribution, and/or commercialization of medical devices,
pharmaceuticals and/or regenerative medicine for the treatment of
bone, cartilage, tendon, muscle, ligament, maxillofacial and dental
elements, excluding periodontal and skin conditions or disorders.
About Mergent Mergent, Inc., a Xinhua Finance company (TSE Mothers:
9399; OTC ADRs: XHFNY), is the preferred provider of business and
financial data on global publicly listed companies. Headquartered
in Fort Mill, SC and New York City with sales offices in key North
American cities, Mergent also has a strong global presence with
offices in London, Shanghai, Tokyo, Toronto and Sydney. Mergent's
databases contain detailed equity, debt and corporate action
information on over 15,000 U.S. public companies, 20,000 non-U.S.
public companies and all U.S. municipal bonds. For more than a
century, Mergent has been providing solutions to clients in the
investment management, academic, research and corporate information
fields. Today, that unique experience is combined with leading-edge
technology to form a robust, diverse product line that operates
under Mergent's umbrella. These include Mergent's Dividend
Achievers Indices -- the premier benchmark for long-term returns;
Ford Equity Research -- a leading independent investment research
firm; Mergent Online -- a powerful web-based research portal that
provides critical business information to support daily research
and analysis; Mergent Manuals, Handbooks and Investment Guides;
in-depth municipal and corporate fixed-income data, as well as
end-of-day evaluation pricing; EventsData -- providing real-time
information on corporate actions, dividend payouts, news and
updates directly to client desktops. For more information, please
visit http://www.mergent.com/ and
http://www.dividendachievers.com/. DATASOURCE: Mergent, Inc.
CONTACT: Jean Dugan, Director of Sales, Index Services of Mergent,
Inc., +1-212-413-7712, Web site: http://www.mergent.com/
http://www.dividendachievers.com/
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