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Shares in Ciphergen Rise 6.6 Percent on Breast Cancer Diagnostics News

NEW YORK, Dec. 9 (GenomeWeb News) - Shares in Ciphergen Biosystems were up 6.6 percent, or $.06, at $.97 in mid-afternoon trading one day after the company announced plans to develop breast cancer diagnostics.

 

As GenomeWeb News reported this morning, Ciphergen is developing diagnostics based on a "series of discoveries" that have been made using the company's SELDI technology.

 

Although no timeline was announced, the company expects to collaborate with the University of College London and UCL BioMedica, Ciphergen said.

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