Bionumbers Indexes
What's New:
March 1, 2012
Latest Article
Pharma Revolution Recalibrated, Pharmaceutical Executive, November 2011
Bionumbers Market Cap Indexes
Overview
This page provides a concise summary of the market capitalization value of three pharmaceutical market segments covered by The Pharmanumbers Group: Drug Delivery Index (DDI), Commercial Stage Specialty Pharma Index (CSPI) and Emerging Stage Specialty Pharma Index (ESPI). A description of each index can be found by following their respective links.
The Bionumbers Indexes follow the performance of these sectors as a function of the market capitalization of the companies contained in each index. The indexes are not intended to provide a guage of investment performance; rather the intent is to provide a sense of the commercial performance of each sector covered by an index.
The chart below provides a summary of the performance of these indexes since we started covering them in December 2004. Annual graphs are available for 2007 - 2010.
Bionumbers Indexes - End April 2012
Index Performance, Leaders and Laggards
Drug Delivery Index - Performance Year to Date (End April 2012)
Index Value: 890 / Change YTD: +7.3% / Change M/M: -10.1% / Index Capitalization: $4.9 Billion |
| Top 5 Capitalizations (YTD Change) | Top 5 Percent Market Cap Growth YTD | Top 5 Percent Market Cap Laggard YTD |
|---|---|---|
| Halozyme - $907 Million (-8%) | BioDelivery: +372% | Durect: -41% |
| Nektar - $873 Million (+36%) | AP Pharma: +83% | Apricus: -33% |
| Momenta - $818 Million (-8%) | Antares: +43% | Insite Vision: -14% |
| DepoMed - $338 Million (+18%) | Nektar: +36% | Momenta: -8% |
| Antares - $327 Million (+43%) | Inovio: +34% | Halozyme: -8% |
Commercial Stage Specialty Pharma Index - Performance Year to Date
Index Value: 2448 / Change YTD: +11.1% / Change M/M: +2.6% / Index Capitalization: $81.0 Billion |
| Top 5 Capitalizations (YTD Change) | Top 5 Percent Market Cap Growth YTD | Top 5 Percent Market Cap Laggard YTD |
|---|---|---|
| Shire - $18.3 Billion (-6%) | Vivus: +149% | Columbia: -71% |
| Valeant - $17.1 Billion (+18%) | Santarus: +94% | KV Pharma: -18% |
| Perrigo - $9.8 Billion (+8%) | Jazz: +80% | Intermune: -17% |
| Hospira - $5.8 Billion (+16%) | Avanir: +56% | Auxilium: -10% |
| Warner - $5.4 Million (+41%) | Warner: +41% | Enzon: -7% |
Emerging Stage Specialty Pharma Index - Performance Year to Date
Index Value: 758 / Change YTD: +17.3% / Change M/M: -10.5% / Index Capitalization: $5.1 Billion |
| Top 5 Capitalizations (YTD Change) | Top 5 Percent Market Cap Growth YTD | Top 5 Percent Market Cap Laggard YTD |
|---|---|---|
| Nektar - $873 Million (+36%) | Orexigen: +206% | Durect: -41% |
| Spectrum - $630 Million (-25%) | Alimera: +147% | Keryx: -37% |
| Arena - $439 Million (+61%) | NuPathe: +97% | Spectrum: -25% |
| MAP Pharma - $393 Million (-2%) | AP Pharma: +83% | Zogenix: -17% |
| MannKind - $377 Million (+15%) | Pozen: +69% | MAP Pharma: -2% |
A reminder; these indexes track market capitalization performance (number of shares outstanding multiplied by share price at the end of each month), not share price. Each index was assigned a base value of 1000 as of the opening of the markets on the first trading day in 2005. Note that the individual market cap figures and performances are subject to revision as companies disclose changes in their outstanding shares.
We define a specialty pharma company as simply a prescription oriented pharmaceutical company with no internal discovery function. This excludes many early stage companies that have a targeted therapeutic focus but also a significant investment in discovery research.
Please contact us if you would like information on the methodology or the companies included in each index.
