Significant double digit gains from several Companies in the group helped the index post a 16% gain in January. Top performers were Illumina, Inc. (up 52%), Pain Therapeutics Inc. (up 36%), Senomyx Inc. (up 34%) and Aspreva Pharmaceuticals (up 27%). Aspreva benefited from the news that it had received orphan drug status for CellCept, an anti-rejection drug used for patients receiving Heart, kidney and liver transplants. Its shares closed the month at $19.96. Illumina launched new software tools to analyze DNA copy number changes and characterize loss of heterozygosity. These two conditions provide highly informative molecular signposts of Cancer development and progression and offer potential to help researchers discover new diagnostic and therapeutic targets.
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