Imara Added to Membership of U.S. Small-Cap Russell 2000® Index
IMARA Inc. (IMRA)
Company Research
Source: GlobeNewswire
BOSTON, June 29, 2020 (GLOBE NEWSWIRE) -- Imara Inc. (Nasdaq: IMRA), a clinical-stage biopharmaceutical company dedicated to developing and commercializing novel therapeutics to treat patients suffering from rare inherited genetic disorders of hemoglobin, today announced that it was added as a member of the U.S. small-cap Russell 2000® Index, effective after the U.S. market opens on July 1, as part of the 2020 Russell U.S. Indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes. “We are pleased to be added to the Russell 2000 Index following our successful IPO in March and the progress we’ve made in the months since,” said Rahul Ballal, Ph.D., President and Chief Executive Officer of Imara. “We expect to continue to grow as we advance IMR-687 to address these serious blood disorders and creat
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