Decode Q2 Loss Up 38 Percent on Revenue Decline, Higher R&D Costs

Aug 09, 2006

NEW YORK (GenomeWeb News) – Decode Genetics said today that second-quarter losses widened 38 percent on falling revenue and soaring research and development costs.

Receipts for the three months ended June 30 dropped 9 percent to $10.4 million from $11.4 million in the same quarter last year.

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