Hitting Profitability in Q3, Affymetrix To Pour $1.5 Million Extra into R&D | GenomeWeb

Affymetrix, finally bringing in more money than it spends, is now turning its eyes to the labs that will create the products that it will send down its semiconductor assembly line at its factory near Sacramento.

The company announced the financial milestone of GAAP (generally accepted accounting principles) profitability last week in reporting its third- quarter financials, and said it would spend almost an additional $1 million on its research and development efforts in the next 90 days.

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

A trial upgrade to GenomeWeb Premium gives you full site access, interest-based email alerts, access to archives, and more. Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Register for Free Content
You can still register for access to our free content.

In PLOS this week: nasal microbial communities in asthma patients; sequencing-based way to detect, track schistosomiasis; and more.

The New York Times speaks with Vanderbilt's John Anthony Capra about Neanderthal genes in modern humans.

A draft guidance from the FDA suggests the agency wants to more tightly control gene-edited animals, according to Technology Review.

Researchers were among this weekend's protesters bemoaning the new US administration, Vox reports.