BioCentury
ARTICLE | Finance

London dresses up high-tech

September 20, 1999 7:00 AM UTC

In an attempt to increase investor interest, the London Stock Exchange has devised a new mechanism to plug its high technology and biotechnology companies. Beginning in November, companies on the main exchange list falling under LSE's definition of high-tech will be highlighted in a new index called the techMARK.

At this point, 170 companies will be included in techMARK, including 28 biotech and three pharma companies. The companies will maintain their presence on other FTSE indexes, but companies trading on London's Alternative Investment Market (AIM) are not included...