NEW YORK (GenomeWeb News) – DeCode Genetics today reported a 74.4 percent increase in first quarter revenues and an 18.1 percent rise in its net loss.
 
The Reykjavik, Iceland-based firm generated first-quarter revenues of $15 million, compared to revenues of $8.6 million in the first quarter of 2007. The company said the revenue growth was due primarily to continued growth in its genomic services business.
 

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