SAN DIEGO, June 30, 2015 /PRNewswire/ -- Senomyx, Inc. (NASDAQ: SNMX), a leading company using proprietary taste science technologies to discover, develop and commercialize novel flavor ingredients for the food, beverage and flavor industries, announced today its continued inclusion in the Russell 3000®Index following Russell Investments’ reconstitution of its comprehensive set of U.S. and global equity indexes. Senomyx was also added to the Russell 2000® Index, a subset of the Russell 3000 composed of small-cap stocks.
Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.
The Russell 3000 also serves as the U.S. component to the Russell Global Index. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
About Senomyx, Inc. (www.senomyx.com)
Senomyx discovers novel flavor ingredients that allow food and beverage companies to create better-for-you products. Under its direct sales program, Senomyx sells its Complimyx® brand flavor ingredients, Sweetmyx®, Savorymyx®, and Bittermyx®, to flavor companies for use in a wide variety of foods and beverages. In addition, Senomyx has partnerships with leading global food, beverage, and ingredient supply companies, some of which are currently marketing products that contain Senomyx’s flavor ingredients. For more information, please visit www.senomyx.com.
Contact:
Megan Knight
Senomyx, Inc.
Investor Relations & Corporate Communications
858-646-8430
megan.knight@senomyx.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/senomyx-announces-continued-inclusion-in-the-russell-2000-and-russell-3000-indexes-300107202.html
SOURCE Senomyx
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