CombiMatrix ‘Adequately Financed’ As It Awaits $36M Judgment, CEO Says | GenomeWeb
CombiMatrix has enough cash on hand to get it through the third quarter of 2009 while it waits to collect a $36 million judgment it was awarded in May after winning a lawsuit against National Union Fire Insurance Company over a coverage dispute.
The company also announced its second-quarter results, posting total revenue growth of 55 percent, propelled by a 421-percent rise in diagnostic services revenue.

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