NEW YORK (GenomeWeb News) – Caliper Life Sciences today reported 4 percent organic revenue growth amid a 5.5 percent drop in overall revenues for the third quarter. Caliper also noted that it narrowed its net loss for the quarter by 37 percent.

The Hopkinton, Mass.-based firm also said that it has been awarded a $1.8 million Phase II commitment from the Environmental Protection Agency to screen as many as 700 compounds against Caliper's ToxCast assay panel, but doesn't expect to realize this revenue until the first quarter of 2010.

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