NEW YORK, May 15 Mergent, Inc., administrator for theHealthShares(TM) Indexes, a series of 20 underlying indexes for theHealthShares(TM) Exchange Traded Funds, today announced the following changeseffective on the opening of trading on Monday May 19, 2008: GenzymeCorporation (Nasdaq: GENZ) will replace LifeCell Corp. (Nasdaq: LIFC) in theHealthShares(TM) Composite Index, Coloplast AS (OMX Nordic ExchangeCopenhagen: COLOb) will replace LifeCell Corp. (Nasdaq: LIFC) in theHealthShares(TM) Dermatology and Wound Care Index and Genzyme Corporation(Nasdaq: GENZ) will replace LifeCell Corp. (Nasdaq: LIFC) in theHealthShares(TM) Orthopedic Repair Index. LifeCell Corp. is being acquired byKinetic Concepts Inc. (NYSE: KCI) through a cash tender offer. It waspreviously reported that Ligand Pharmaceuticals Inc. (Nasdaq: LGND) wouldreplace LifeCell Corp. (Nasdaq: LIFC) in the HealthShares(TM) Dermatology andWound Care Index.
The HealthShares(TM) Composite Index consists of the 80 largest companies,by market capitalization, that are engaged in healthcare, life sciences and/orbiotechnology that are part of the 16 underlying HealthShares(TM) Indexes,selecting the top 5 companies in market capitalization from each of theComposite Eligible Indexes.
Companies included in the HealthShares(TM) Dermatology and Wound CareIndex are engaged in the research, clinical development and/orcommercialization of therapeutic agents for the treatment of a wide variety ofskin disorders by topical or systemic means.
Companies included in the HealthShares(TM) Orthopedic Repair Index areengaged in the manufacturing, distribution, and/or commercialization ofmedical devices, pharmaceuticals and/or regenerative medicine for thetreatment of bone, cartilage, tendon, muscle, ligament, maxillofacial anddental elements, excluding periodontal and skin conditions or disorders.
Mergent, Inc., a Xinhua Finance company(TSE Mothers: 9399; OTC ADRs: XHFNY), is the preferred provider of businessand financial data on global publicly listed companies. Headquartered in FortMill, 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, debtand corporate action information on over 15,000 U.S. public companies, 20,000non-U.S. public companies and all U.S. municipal bonds.
For more than a century, Mergent has been providing solutions to clientsin the investment management, academic, research and corporate informationfields. Today, that unique experience is combined with leading-edge technologyto form a robust, diverse product line that operates under Mergent's umbrella.These include Mergent's Dividend Achievers Indices -- the premier benchmarkfor long-term returns; Ford Equity Research -- a leading independentinvestment research firm; Mergent Online -- a powerful web-based researchportal that provides critical business information to support daily researchand analysis; Mergent Manuals, Handbooks and Investment Guides; in-depthmunicipal and corporate fixed-income data, as well as end-of-day evaluationpricing; EventsData -- providing real-time information on corporate actions,dividend payouts, news and updates directly to client desktops. For moreinformation, please visit www.mergent.com and www.dividendachievers.com.
SOURCE Mergent, Inc.