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Gene Logic Reports Increased Revenue, Losses

NEW YORK, Oct. 24 (GenomeWeb News) - Gene Logic of Gaithersburg, Md. today reported a 25 percent increase in year-over-year revenues for the third quarter, posting $17.7 million in revenues this quarter compared with $14.2 in the third quarter of 2002. The company attributed the increase to its recent acquisition of TherImmune Research, which was completed April 1. This increase is down from a 38 percent increase year-over-year in the second quarter of 2003.


Gene Logic's net losses for the quarter were $10.1 million, compared with $7 million in the year-ago period. The company spent $540,000 on R&D, compared with $641,000 in 2002.


As of Sept. 30, the company had $71 million in cash and cash equivalents.


The Scan

Interfering With Invasive Mussels

The Chicago Tribune reports that researchers are studying whether RNA interference- or CRISPR-based approaches can combat invasive freshwater mussels.

Participation Analysis

A new study finds that women tend to participate less at scientific meetings but that some changes can lead to increased involvement, the Guardian reports.

Right Whales' Decline

A research study plans to use genetic analysis to gain insight into population decline among North American right whales, according to CBC.

Science Papers Tie Rare Mutations to Short Stature, Immunodeficiency; Present Single-Cell Transcriptomics Map

In Science this week: pair of mutations in one gene uncovered in brothers with short stature and immunodeficiency, and more.