press release 1 s&p and msci barra announce revisions to the global industry classification standard gics new york november 28 2005 & poor s leading providers of indices benchmark related products services announced today results their annual review structure is intended ensure that continues appropriately represent equity markets thereby enables asset owners managers investment research specialists make consistent comparisons by revision result a consultation with members community changes include renaming one group creating four industries ten sub also discontinuing two making name definition others health care sector redefining creation five pharmaceuticals biotechnology will be renamed life sciences this see introduction tools