Skip to main content
Premium Trial:

Request an Annual Quote

Molecular Devices Stock Surges 13.8 Percent on Profitability News

NEW YORK, Oct. 28 (GenomeWeb News) - Shares in Molecular Devices were up 11.7 percent, or $2.30, at $21.94, in mid-afternoon trading after the company announced profitable third-quarter results yesterday.

 

As GenomeWeb News reported earlier, Molecular Devices had an 8.8-percent increase in third-quarter revenue from last year and a $4.6-million profit. The company posted a loss last year.

 

While R&D spending remained flat, demand remained strong for some product lines, the company said.

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.