La Jolla Pharmaceutical Company Added to NASDAQ Biotechnology Index
November 14 2003 - 6:30AM
PR Newswire (US)
La Jolla Pharmaceutical Company Added to NASDAQ Biotechnology Index
SAN DIEGO, Nov. 14 /PRNewswire-FirstCall/ -- La Jolla
Pharmaceutical Company today announced that it has been selected to
be added to the NASDAQ Biotechnology Index effective November 24,
2003. The NASDAQ Biotechnology Index includes companies primarily
engaged in using biomedical research for the discovery or
development of novel treatments or cures for human disease. All
securities in the Index are listed on the NASDAQ National Market
and meet minimum requirements, including market value, average
daily share volume, and seasoning as a public company. The Index is
ranked on a semi-annual basis in May and November and serves as the
basis for the iShares Nasdaq Biotechnology Index Fund(SM) . For
more information about the NASDAQ Biotechnology Index, including
eligibility criteria, visit http://www.nasdaq.com/ . La Jolla
Pharmaceutical Company is a biotechnology company developing
therapeutics for antibody-mediated autoimmune diseases afflicting
several million people in the United States and Europe. The Company
is developing Riquent(TM), formerly known as LJP 394, for the
treatment of lupus kidney disease, a leading cause of sickness and
death in patients with lupus. The Company is also developing LJP
1082 for the treatment of antibody-mediated thrombosis, a condition
in which patients suffer from recurrent stroke, deep- vein
thrombosis and other thrombotic events. The Company's common stock
is traded on The Nasdaq Stock Market under the symbol LJPC. For
more information about the Company, visit its Web site:
http://www.ljpc.com/ . This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve significant
risks and uncertainties, and a number of factors, both foreseen and
unforeseen, could cause actual results to differ materially from
our current expectations. Readers are cautioned to not place undue
reliance upon forward-looking statements, which speak only as of
the date hereof, and we undertake no obligation to update
forward-looking statements to reflect events or circumstances
occurring after the date hereof. Interested parties are urged to
review the risks described in our Annual Report on Form 10-K for
the year ended December 31, 2002, and in other reports and
registration statements that we file with the Securities and
Exchange Commission from time to time. DATASOURCE: La Jolla
Pharmaceutical Company CONTACT: Andrew Wiseman, Ph.D., Sr. Director
of Business Development and Investor Relations of La Jolla
Pharmaceutical Company, +1-858-646-6615, ; or media, Virginia
Amann, +1-608-274-6046, , or Trista Morrison, +1-858-527-3490, ,
both of Atkins + Associates, for La Jolla Pharmaceutical Company
Web site: http://www.nasdaq.com/ Web site: http://www.ljpc.com/
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