The Biotech Growth Trust PLC is a closed-ended investment company focused on the biotechnology sector. It seeks capital appreciation by investing in a diversified portfolio of shares and related securities from biotechnology companies worldwide, spanning regions such as the United States, Netherlands, Denmark, China, United Kingdom, France, and Canada. The trust maintains a concentrated portfolio of around 77 equity holdings, with the top 10 positions—including uniQure NV, Praxis Precision Medicines Inc, Ascendis Pharma AS ADR, and UroGen Pharma Ltd—accounting for approximately 40% of assets, all allocated to the healthcare sector. Managed with an ongoing charge of 1.20% and featuring 10% gross gearing, it benchmarks against the NASDAQ Biotechnology TR GBP index. Launched in 1997 and domiciled in the United Kingdom, The Biotech Growth Trust PLC trades openly and plays a key role in providing investors access to innovative biotech firms developing therapies in areas like precision medicine and therapeutics, contributing to the growth-oriented segment of global equity markets. With total assets around £289 million, it emphasizes long-term potential in this dynamic industry.
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Address: 601 Lexington Avenue
Phone: 212-739-6400