BioCentury
ARTICLE | Financial News

Thursday market watch

August 31, 2000 7:00 AM UTC

Biotech surged on Thursday alongside the other major indices. The BioCentury 100 was up 3 percent to 3337.21, while the NASDAQ and Dow Jones were up 2 percent and 1 percent, respectively. A number of July and August IPOs were among the big movers, including drug discovery company 3-Dimensional Pharmaceuticals (DDDP), which was up $8.875 (30 percent) to $38.875; Keryx (KERX), a developer of protein kinase-based drugs, up $3.063 (28 percent) to $13.875; Genencor (GCOR), a developer of biotechnology-based products for the agriculture and industrial chemicals markets, up $6.375 (26 percent) to $31.125; and computational genomics company Compugen (CGEN), up $2.625 (20 percent) to $15.75. ...