Skip to main content
Premium Trial:

Request an Annual Quote

Large Scale Biology Q1 Revenues Up Slightly

NEW YORK, April 22 - Large Scale Biology reported today a small increase in revenues for the first quarter, along with a slightly narrower net loss and a steep drop in R&D expenses.

 

The company's revenues totaled $0.9 million for the first quarter of 2002, compared to $0.4 million for the first quarter of last year, but were slightly less than the total revenues the company reported for the fourth quarter of 2002.

 

Research and development expenses for the quarter fell to $3.2 million, from $6.2 million for the year-ago quarter. Last June, the company cut 58 employees and slashed salaries, leaving it with a staff of 127.

 

Large Scale Biology has $19.1 million in cash, cash equivalents, and marketable securities at the end of March, compared to $23.1 million for the same period last year.

The Scan

Mosquitos Genetically Modified to Prevent Malaria Spread

A gene drive approach could be used to render mosquitos unable to spread malaria, researchers report in Science Advances.

Gut Microbiomes Allow Bears to Grow to Similar Sizes Despite Differing Diets

Researchers in Scientific Reports find that the makeup of brown bears' gut microbiomes allows them to reach similar sizes even when feasting on different foods.

Finding Safe Harbor in the Human Genome

In Genome Biology, researchers present a new approach to identify genomic safe harbors where transgenes can be expressed without affecting host cell function.

New Data Point to Nuanced Relationship Between Major Depression, Bipolar Disorder

Lund University researchers in JAMA Psychiatry uncover overlapping genetic liabilities for major depression and bipolar disorder.