GeneNews' Q1 Revenues Increase on Milestone Payment

May 19, 2011

NEW YORK (GenomeWeb News) – Molecular diagnostics firm GeneNews on Wednesday reported revenues for the first quarter increased 10-fold as it received a milestone payment of C$40,000 ($41,341).

The Toronto-based firm said that total revenues rose to C$44,177 ($45,658) for the three months ended March 31 from $4,417 a year ago. Sales for the quarter increased 8 percent to C$4,177 from C$3,885 a year ago, while non-refundable licensing revenues dropped to zero from C$532 a year ago.

To read the full story....

Register for Free.

Already have a GenomeWeb or 360Dx account?
Login Now.

Breaking News

The Scan

When the Ailment You're Studying Becomes Personal

In an against-all-odds twist, a researcher studying exceeding rare FOXG1 mutations discovers her daughter has the syndrome.

Irish Genomics Initiative Looks to Expand Into Scotland

An effort by Genomics Medicine Ireland is creating a database of diseases based on the genomics of people in Ireland. It now is looking into the possibility of including Scotland in its work.

Another Source of Data for 23andMe

In recent weeks, the direct-to-consumer genetics firm has rolled out a health hub where customers can share information concerning 18 common health conditions.

This Week in PLOS

In PLOS this week, new genes associated with prostate cancer risk, genetic patterns in M. bovis, and more.

Main menu