Luminex Provides Updates on xTAG Test Sales, US Reimbursement Environment, New Multiplexing Tech | GenomeWeb

NEW YORK (GenomeWeb) – Luminex said this week that double-digit growth in sales of its xTAG Respiratory Viral and Gastrointestinal Pathogen Panels contributed to an increase in first quarter revenues.

CEO Patrick Balthrop on an earnings call discussed the "solid performance" of the Austin, Texas-based company's assay business, which grew by 18 percent year over year, pushing the company's total Q1 revenues up 6 percent to $56.6 million compared to the first quarter of 2013.

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