Affymetrix Says Adoption of Lower-Priced Products Contributed to 4 Percent Fall in Q4 Revenue | GenomeWeb

This story was first posted on Feb. 4.

By Justin Petrone

A growing number of researchers switching to lower-priced arrays led Affymetrix to post a 4 percent decline in fourth-quarter revenue.

Product revenues for the three months ended Dec. 31, 2010, declined 12 percent from a year ago. The results mirrored a 5 percent decline in full-year 2010 product revenues.

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