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Affy Stock Slides 6.5 Percent on News of Price Cuts

NEW YORK (GenomeWeb News) - Shares in Affymetrix were down 6.5 percent, or $1.53, at $21.82 in mid-afternoon trading today after the company said yesterday it will cut prices on certain of its genotyping chips.
The company said it would reduce the price on its 500K SNP system to $250 and offer the two-chip system as a single array by the end of the year. While the company declined to say how much the system currently costs, it said a 1-million-SNP product, scheduled to be available in early 2007, is expected to sell for around $500.

The Scan

Tens of Millions Saved

The Associated Press writes that vaccines against COVID-19 saved an estimated 20 million lives in their first year.

Supersized Bacterium

NPR reports that researchers have found and characterized a bacterium that is visible to the naked eye.

Also Subvariants

Moderna says its bivalent SARS-CoV-2 vaccine leads to a strong immune response against Omicron subvariants, the Wall Street Journal reports.

Science Papers Present Gene-Edited Mouse Models of Liver Cancer, Hürthle Cell Carcinoma Analysis

In Science this week: a collection of mouse models of primary liver cancer, and more.