NEW YORK (GenomeWeb News) – Life Technologies and Illumina are among the firms that have been added to the Nasdaq-100 Index.
Both firms will be added to the index effective Dec. 22.
The Nasdaq-100 was established in January 1985 and represents the largest non-financial domestic and international securities listed on the Nasdaq based on market capitalization.
Life Technologies, formed by the recent merger of Invitrogen and Applied Biosystems, has a market cap of around $3.8 billion. Illumina’s market cap is roughly $2.7 billion.