Ordinary Adjustment | Morgan Stanley U.S. Small Cap Biotechnology Index | Effective Date 3rd November 2025
Morgan Stanley U.S. Small Cap Biotechnology Index:
In the ordinary adjustment, the following composition will be implemented effective open 3rd November 2025:
| ACADIA PHARMACEUTICALS INC | 
| ADMA BIOLOGICS INC | 
| AGIOS PHARMACEUTICALS INC | 
| AMICUS THERAPEUTICS INC | 
| AMNEAL PHARMACEUTICALS INC | 
| AMYLYX PHARMACEUTICALS INC | 
| ANI PHARMACEUTICALS INC | 
| APOGEE THERAPEUTICS ORD | 
| ARCELLX INC | 
| ARCUTIS BIOTHERAPEUTICS INC | 
| ARDELYX INC | 
| BEAM THERAPEUTICS INC | 
| BIOCRYST PHARMACEUTICALS INC | 
| CATALYST PHARMACEUTICALS INC | 
| CELCUITY INC | 
| CG ONCOLOGY INC | 
| CIDARA THERAPEUTICS INC | 
| COGENT BIOSCIENCES INC | 
| CRINETICS PHARMACEUTICALS INC | 
| DENALI THERAPEUTICS INC | 
| DIANTHUS THERAPEUTICS INC | 
| DISC MEDICINE INC | 
| DYNE THERAPEUTICS INC | 
| HARMONY BIOSCIENCES HOLDINGS INC | 
| IDEAYA BIOSCIENCES INC | 
| IMMUNOME INC | 
| IMMUNOVANT INC | 
| INDIVIOR PLC | 
| INTELLIA THERAPEUTICS INC | 
| JANUX THERAPEUTICS INC | 
| KRYSTAL BIOTECH INC | 
| KYMERA THERAPEUTICS INC | 
| LIGAND PHARMACEUTICALS INC | 
| LIQUIDIA TECHNOLOGIES INC | 
| MANNKIND CORP | 
| MINERALYS THERAPEUTICS ORD | 
| MIRUM PHARMACEUTICALS INC | 
| NEKTAR THERAPEUTICS | 
| NEW BIOHAVEN | 
| NOVAVAX INC | 
| NUVATION BIO INC | 
| Nuvalent Inc | 
| OCULAR THERAPEUTIX INC | 
| ORGANON & CO | 
| PERRIGO CO PLC | 
| PRESTIGE CONSUMER HEALTHCARE INC | 
| PROTAGONIST THERAPEUTICS INC | 
| Praxis Precision Medicines Inc | 
| SAREPTA THERAPEUTICS INC | 
| SCHOLAR ROCK HOLDING CORP | 
| SOLENO THERAPEUTICS INC | 
| SPYRE THERAPEUTICS INC | 
| STOKE THERAPEUTICS INC | 
| SUPERNUS PHARMACEUTICALS INC | 
| SYNDAX PHARMACEUTICALS INC | 
| TARSUS PHARMACEUTICALS INC | 
| TG THERAPEUTICS INC | 
| TRAVERE THERAPEUTICS INC | 
| ULTRAGENYX PHARMACEUTICAL INC | 
| VERA THERAPEUTICS INC | 
| VIKING THERAPEUTICS INC | 
| VIRIDIAN THERAPEUTICS INC | 
| XERIS BIOPHARMA HOLDINGS INC |