Fund Focus: The Biotech Growth Trust

The late Joshua Lederberg made the very famous quote:

The single biggest threat to man’s continued dominance on the planet is the virus

This quote is used at the start of the 1995 film, Outbreak starring Dustin Hoffman, Morgan Freeman and Kevin Spacey. Joshua Lederberg at the age of 33 years won the 1958 Nobel Prize in Physiology or Medicine for discovering that bacteria can mate and exchange.

Today medical and pharmaceutical research is trying to fight disease and solve some of the most deadly threats to mankind.
There are many funds that financing investment into companies that are focussed on Bio-Technology and research into finding cures for medical conditions.

The Biotech Growth Trust is a £350 million fund that is investing in companies that are looking for solutions in the world of medical research.

[http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=11910]

It’s top 10 holdings are:

Gilead Sciences Inc 9.90%
Celgene Corporation 9.60%
Biogen Idec Inc 8.91%
Regeneron Pharmaceuticals, Inc. 5.84%
Incyte Genomics 5.54%
ONO Pharmaceutical Co., Ltd 4.85%
Amgen Inc 3.86%
Illumina, Inc 3.56%
Impax Laboratories, Inc 2.97%
Alexion Pharmaceuticals, Inc 2.77%

A dynamic fund whose potential investments could herald a breakthrough in life sciences.

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