This article has been updated to include additional comments from the firm's conference call.

NEW YORK (GenomeWeb News) – Shares of Waters soared in Tuesday afternoon trading after the firm reported earlier today a 10 percent drop in its first-quarter revenues, but an increase in profits and earnings per share that surpassed Wall Street estimates.

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The US Food and Drug Administration has approved Kite Pharmaceuticals' CAR T-cell therapy for large B-cell lymphomas, the New York Times reports.

Kaiser Health News reports that gene therapies could cost more than a million dollars.

Worcester Polytechnic Institute researchers have received a grant to combine biology and computer science for high school students.

In Nature this week: variants associated with obsessive-compulsive disorder, review of key CRISPR enzymes, and more.