Mentor Capital Cancer Immunotherapy Index Up 100% in 2013
SAN DIEGO--(BUSINESS WIRE)-- Mentor Capital, Inc. (Pink Sheets:MNTR) reports that its proprietary Cancer Immunotherapy Index appreciated 101.7% during the first three quarters of 2013. The equally weighted Cancer Immunotherapy Index is regularly benchmarked against the appreciation of the average of the NASDAQ, S&P, and NYSE Biotech Indices. For the same 2013 YTD period the biotech indices averaged a 46.0% gain.
Inovio (314%) and Celldex (428%) have led the sector in gains during the January through September 2013 period. Celldex ($2,865 Million) represents 56% of the market capitalization of the fifteen-member Cancer Immunotherapy Index, which has a combined total share value of $5.1 Billion.
The Mentor Capital Cancer Immunotherapy Index companies and their performance for the first thirty-nine weeks of 2013 follow: Galena Biopharma Corporation (NASDAQ:GALE) +49.02%; NewLink Genetics Corporation (NASDAQ:NLNK) +50.24%; Vical Incorporated (NASDAQ:VICL) -57.90%; Inovio Pharmaceuticals, Inc. (NYSEMKT:INO) +314.41%; Dendreon (NASDAQ:DNDN) -44.61%; Immunocellular Therapeutics, Ltd. (NYSE MKT:IMUC) +33.85%; Agenus (NASDAQ:AGEN) -32.44%; Oncothyreon (NASDAQ:ONTY) +7.29%; Biovest International (OTCMKTS:BVTIQ) -100.00%; Celldex Therapeutics (NASDAQ:CLDX) +428.02%; Northwest Biotherapeutics (NASDAQ:NWBO) +7.71%; CEL – SCI Corp. (NYSEMKT:CVM) -37.04%; Generex Biotechnology (OTCBB:GNBT) +28.00% as a proxy for its wholly-owned immunotherapeutic subsidiary, Antigen Express; Provectus Pharmaceuticals, Inc. (OTCMKTS:PVCT) +37.50%; and Advaxis, Inc. (OTCBB:ADXSD) +49.33% — all for an average 2013 YTD gain of +101.68% (Annualized rate: +135.44%).
Mentor Capital, Inc., by acquisition or stock purchase, seeks to invest in leading-edge private and public cancer companies, and certain other situations. Mentor created the Cancer Immunotherapy Index July 10, 2009. Since then, it has invested or maintained a tracking position in all companies in the Cancer Immunotherapy Index which can be found at www.MentorCapital.com.
Forward Looking Statements, Safe Harbor and Risk Descriptions are Incorporated by Reference from the MNTR Company Web Site above.
Mentor Capital, Inc.
Chester Billingsley, CEO
Source: Mentor Capital, Inc.
Released October 16, 2013