Skip to main content
Premium Trial:

Request an Annual Quote

Qiagen Reports Rise in Sales, Decreased Income

SAN FRANCISCO, Aug. 5 - Qiagen today reported a 10 percent increase in sales.

 

Net sales for the second quarter ended June 30 were $72.7 million compared with $66 million one year ago.

 

Net income for the quarter, excluding the one-time charges from the acquisition of GenoVision in the second quarter 2002, decreased to $4.6 million, or $ .05 per diluted earnings per share, from $11.3 million, or $.08 per diluted earnings per share, for the year-ago period.

 

R&D spending dropped to approximately $6.7 million compared to $7 million for the second quarter in 2001.

 

Qiagen said it had roughly $39.5 million in cash and cash equivalents as of June 30.

The Scan

Germline-Targeting HIV Vaccine Shows Promise in Phase I Trial

A National Institutes of Health-led team reports in Science that a broadly neutralizing antibody HIV vaccine induced bnAb precursors in 97 percent of those given the vaccine.

Study Uncovers Genetic Mutation in Childhood Glaucoma

A study in the Journal of Clinical Investigation ties a heterozygous missense variant in thrombospondin 1 to childhood glaucoma.

Gene Co-Expression Database for Humans, Model Organisms Gets Update

GeneFriends has been updated to include gene and transcript co-expression networks based on RNA-seq data from 46,475 human and 34,322 mouse samples, a new paper in Nucleic Acids Research says.

New Study Investigates Genomics of Fanconi Anemia Repair Pathway in Cancer

A Rockefeller University team reports in Nature that FA repair deficiency leads to structural variants that can contribute to genomic instability.