Skip to main content
Premium Trial:

Request an Annual Quote

Lexicon s Revenues Increase, Loss Narrows in Q1

NEW YORK, April 29 (GenomeWeb News) - Lexicon Genetics reported increased revenues and smaller losses for the first quarter today.

 

Lexicon's revenues for the quarter totaled $11.8 million, up from $8.1 million during the same quarter last year.

 

Research and development costs increased to $22.4 million, from $19.8 million during last year's first quarter.

 

The company's net loss amounted to $15.5 million, or $.25 per share, down from $17.1 million, or $.33 per share, during the year-ago period.

 

As of March 31, Lexicon had $145.4 million in cash and investments, including $57.5 million in restricted cash and investments.

The Scan

Lung Cancer Response to Checkpoint Inhibitors Reflected in Circulating Tumor DNA

In non-small cell lung cancer patients, researchers find in JCO Precision Oncology that survival benefits after immune checkpoint blockade coincide with a dip in ctDNA levels.

Study Reviews Family, Provider Responses to Rapid Whole-Genome Sequencing Follow-up

Investigators identified in the European Journal of Human Genetics variable follow-up practices after rapid whole-genome sequencing.

BMI-Related Variants Show Age-Related Stability in UK Biobank Participants

Researchers followed body mass index variant stability with genomic structural equation modeling and genome-wide association studies of 40- to 72-year olds in PLOS Genetics.

Genome Sequences Reveal Range Mutations in Induced Pluripotent Stem Cells

Researchers in Nature Genetics detect somatic mutation variation across iPSCs generated from blood or skin fibroblast cell sources, along with selection for BCOR gene mutations.