NASDAQ Biotechnology Index

NASDAQ Biotechnology Index definition - finance
A measure of the performance of NASDAQ-listed companies involved in biotechnology research that is targeted to discover and develop treatments for human diseases. The index began on November 1993 with a base of 200.00. It is calculated using a modified capitalization-weighted methodology.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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