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Knocked Out by Nasdaq

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By Jennifer Friedlin

The Nasdaq has been about as unkind to genomics companies so far this year as it was kind to them in 2000. On January 23, genomics Judgment Day, the Nasdaq slashed from 202 to 76 the number of companies in its Biotechnology Index for failure to meet a handful of criteria. Among these companies were six members of the GTI: Compugen, DeCode, InforMax, Lynx Therapeutics, Rosetta Inpharmatics, and Variagenics.

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