Skip to main content
Premium Trial:

Request an Annual Quote

Compugen Says Q2 Revenue Declines 92 Percent as Loss Grows 9 Percent

NEW YORK (GenomeWeb News) – Compugen today said that total revenues for the three months ended June 30 decreased more than 92 percent to $5,000 from $70,000.
Compugen reported a 74-percent decline in government grants to $105,000, from $404,000 year over year. Compugen said total revenues were “as anticipated.”
In the past, Compugen said it expects future revenues to come from milestones and revenue-sharing payments from licensing and other arrangements, and that it expects to begin receiving such payments by the end of this year or early next year
Net loss widened 9 percent to $3.6 million, or $.13 per share, from $3.3 million, or $.12 per share, year over year, the company said
R&D costs remained flat at $3 million for the quarter.
Compugen had $30.4 million in cash and cash equivalents as of June 30.

The Scan

Study Tracks Responses in Patients Pursuing Polygenic Risk Score Profiling

Using interviews, researchers in the European Journal of Human Genetics qualitatively assess individuals' motivations for, and experiences with, direct-to-consumer polygenic risk score testing.

EHR Quality Improvement Study Detects Demographic-Related Deficiencies in Cancer Family History Data

In a retrospective analysis in JAMA Network Open, researchers find that sex, ethnicity, language, and other features coincide with the quality of cancer family history information in a patient's record.

Inflammatory Bowel Disease Linked to Gut Microbiome Community Structure Gradient in Meta-Analysis

Bringing together data from prior studies, researchers in Genome Biology track down microbial taxa and a population structure gradient with ties to ulcerative colitis or Crohn's disease.

Ancient Greek Army Ancestry Highlights Mercenary Role in Historical Migrations

By profiling genomic patterns in 5th century samples from in and around Himera, researchers saw diverse ancestry in Greek army representatives in the region, as they report in PNAS.