Navigation Links
Spindletop Capital Launches Healthcare-Focused Indices

AUSTIN, Texas, Sept. 3, 2013 /PRNewswire/ -- Spindletop Capital, a healthcare-focused investment firm, has announced the launch of five stock market indices tracking healthcare sectors.


"The focus of our Spindletop™ stock indices is to complement our current investment strategy," says Dr. Evan Melrose, Managing Director of Spindletop Capital. "In an effort to better track healthcare performance and the rotations of various healthcare segments for our partners, we have created several Spindletop Indices.  Our best performing index, the Spindletop™ US Biotechnology Index, is up 35.0% YTD."  Year to date, the indices have outperformed the S&P by an average of 8.5%. 

"Over 100 years ago, the discovery of oil at Spindletop signaled the beginning of the oil boom in Texas," adds Dr. Melrose.  "We believe the next 'Spindletop' for Texas will be healthcare tracked by the Spindletop™ Texas Healthcare Index, which is up 13.8% YTD." 

The following Spindletop™ stock indices track different sectors of healthcare:  

Spindletop™ US Medical Device Index  (up 21.4% YTD)

Spindletop™ US Biotechnology Index  (up 35.0% YTD)

Spindletop™ US Pharmaceutical Index  (up 8.5% YTD)

Spindletop™ US Healthcare Services Index  (up 26.8% YTD)

Spindletop™ Texas Healthcare Index  (up 13.8% YTD)

Each index contains a portfolio of 25 or more stocks that meet the criteria set by Spindletop Capital's proprietary algorithms.

About Spindletop
Spindletop Capital, founded in 2011, is a healthcare investment firm focused on providing expansion capital for commercial stage healthcare companies. Based in Austin, Spindletop is managed by an unrivaled team of investment professionals and advisors with deep operating, technical, and transactional experience. Spindletop Capital leverages the organization's deep experience, broad network and proprietary access to Texas resources to create incremental value for management teams and financing syndicates.  Spindletop Capital invests nationally across all sectors of healthcare including medical devices, diagnostics, healthcare services, healthcare IT, specialty pharmaceuticals and biotechnology.

Media Contact:

Wendy Easterling
Spindletop Capital




SOURCE Spindletop Capital
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Creekridge Capital Expands Healthcare Sales Team
2. Sanomedics Receives Financing for Working Capital and Acquisitions
3. Yew Bio-Pharm Group Announces Coverage by S&P Capital IQ
4. Creekridge Capital Adds Revolving Credit Specialist
5. Japan Vietnam Medical Instrument Company Announces $7M Capital Raise
6. Generex Announces $1,225,000 Capital Investment
7. Blackford Capital Acquires Medical Equipment Maker Mopec, Inc.
8. MGT Capital Investments, Inc. Announces Sale of Medicsight Patents
9. BioElectronics Receives Working Capital Infusion
10. MGT Capital Investments, Inc. To Present At The Second Annual Marcum LLP MicroCap Conference
11. Edgemont Capital Completes Sale Of Vince & Associates Clinical Research
Post Your Comments:
(Date:11/30/2015)... 2015   Royal Philips (NYSE: PHG ... first MRI guided user interface and automatic scan parameter ... MR Conditional implants, such as knee and hip replacements, ... Society of North America Annual Meeting (RSNA) . The ... confidence of this growing patient population. ScanWise Implant adds ...
(Date:11/30/2015)... PUNE, India , November 30, ... --> --> ... deal trends for 2010 - 2015 ... activity for a range of deal ... (M&A) and strategic alliances. ...
(Date:11/30/2015)... Diagnostics, the U.S.-based manufacturer of point-of-care biometric testing devices ... systems, and PTS Detect™ cotinine systems, has announced the ... the company into the mHealth market. ... The technology is a system that interfaces with mobile ... and uses test strip technology already developed by PTS ...
Breaking Medicine Technology:
(Date:11/30/2015)... ... 2015 , ... The National Association of Professional Women (NAPW) honors ... Year Circle. She is recognized with this prestigious distinction for leadership in estate sales ... more than 850,000 members and over 200 operating Local Chapters. , “I’m pleased to ...
(Date:11/30/2015)... ... December 01, 2015 , ... Live ... offer individual vision insurance plans on . The multi-carrier insurance exchange ... and review products, allowing consumers to compare, quote and match plans to meet ...
(Date:11/30/2015)... , ... November 30, 2015 , ... ... (Meso Foundation) released information for caregivers and held two webinars on topics of ... on demand free of charge at . , With a loved ...
(Date:11/30/2015)... ... November 30, 2015 , ... Thermi™, a ... to announce that its ThermiRFR temperature controlled radiofrequency platform has received CE marking ... radiofrequency platform which uses temperature as a clinical endpoint. The technology has ...
(Date:11/30/2015)... Fla. (PRWEB) , ... November 30, 2015 , ... ... opened the driverless vehicle experience this summer, ushering in a new era of ... percent driverless and electric shuttle, will continue to offer guests an up-close look ...
Breaking Medicine News(10 mins):