Brooklyn ImmunoTherapeutics Set to Join Russell 3000 Index
09 6월 2021 - 8:30PM
Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX)
("Brooklyn"), a biopharmaceutical company focused on exploring the
role that cytokine and gene editing/cell therapy can have in
treating patients with cancer, blood disorders, and monogenic
disorders, today announced Brooklyn’s addition to the Russell 3000
Index. This milestone will take place at the conclusion of the 2021
Russell Indexes’ annual reconstitution, effective after the U.S.
market opens on June 28, 2021 according to a preliminary list of
additions posted June 4, 2021.
“Inclusion in the Russell index at this point in the development
of our Company is a significant recognition and a unique
opportunity to expand the awareness of our science and progress and
the growth opportunity they represent,” said Howard J. Federoff,
M.D., Ph.D., Brooklyn’s CEO.
Membership in the Russell 3000 Index, which remains in place for
one year, means automatic inclusion in the appropriate growth and
value style indexes. FTSE Russell determines membership for its
Russell Indexes primarily by objective, market-capitalization
rankings, and style attributes.
Russell Indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 trillion in
assets are benchmarked against Russell’s U.S. Indexes. Russell
Indexes are part of FTSE Russell, a leading global index
provider.
About Brooklyn ImmunoTherapeutics
Brooklyn is focused on exploring the role that cytokine-based
therapy can have in treating patients with cancer, both as a single
agent and in combination with other anti-cancer therapies. The
company is also exploring opportunities to advance oncology, blood
disorder, and monogenic disease therapies using highly innovative
gene editing/cell therapy technology through the newly acquired
license from Factor Bioscience and Novellus Therapeutics.
Brooklyn’s most advanced program is studying the safety and
efficacy of IRX-2 in patients with head and neck cancer. In a Phase
2A clinical trial in head and neck cancer, IRX-2 demonstrated an
overall survival benefit. Additional studies are either underway or
planned in other solid tumor cancer indications.
For more information about Brooklyn and its clinical programs,
please visit www.BrooklynITx.com.
Investor Relations Contact:CORE
IR516-222-2560investors@brooklynitx.com
Media Contact:CORE IRJules
Abrahamjulesa@coreir.com917-885-7378
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