Innoviva Set to Join the S&P SmallCap 600

NEW YORK, Nov. 7, 2016 /PRNewswire/ -- Innoviva Inc. (NASD: INVA) will replace Rofin-Sinar Technologies Inc. (NASD: RSTI) in the S&P SmallCap 600 after the close of trading on Wednesday, November 9. S&P SmallCap 600 constituent Coherent Inc. (NASD: COHR) acquired Rofin-Sinar Technologies in a deal completed today.

Innoviva engages in the development and commercialization of bio-pharmaceuticals. Headquartered in South San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Pharmaceuticals Sub-Industry index.

Following is a summary of the change:

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee 
New York, USA
(+1) 212 438 3907
[email protected]

Luke Shane
Communications Manager 
New York, USA 
(+1) 212 438 8184 
[email protected]

SOURCE S&P Dow Jones Indices

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