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Luminex Third-Quarter Bead Array Revenues Exceed Expectations Partnerships Add Up


The Austin, Texas-based company, which derives revenues largely through partnering with other companies that develop applications for its bead arrays, said in a statement that revenues for the quarter ended Sept. 30 would be about $6.2 million, exceeding the $6.1 million offered by an analysts’ consensus estimate.

The company, which plans to report its results after the market closes on Friday, had been expected to lose between 16 cents and 19 cents per share in the third quarter, according to a survey of five analysts by Thomson Financial/First Call. Their consensus forecast was a loss of 18 cents.

Luminex manufactures LabMap technology, in which molecular probes can attach to plastic beads. The company has amassed over 29 development and revenue-sharing agreements so far.


The Scan

Interfering With Invasive Mussels

The Chicago Tribune reports that researchers are studying whether RNA interference- or CRISPR-based approaches can combat invasive freshwater mussels.

Participation Analysis

A new study finds that women tend to participate less at scientific meetings but that some changes can lead to increased involvement, the Guardian reports.

Right Whales' Decline

A research study plans to use genetic analysis to gain insight into population decline among North American right whales, according to CBC.

Science Papers Tie Rare Mutations to Short Stature, Immunodeficiency; Present Single-Cell Transcriptomics Map

In Science this week: pair of mutations in one gene uncovered in brothers with short stature and immunodeficiency, and more.