Nanogen Posts 37-Percent Increase in Q1 Sales, Updates Status of Array-Based NC 400 System | GenomeWeb

Nanogen last week said that recent acquisitions led to a 37-percent increase in first-quarter sales, and the company provided greater insight into the status of its flagship NanoChip 400 System.

Nanogen's revenues for the quarter ended March 31 rose to $4.4 million from $3.2 million in the same period in 2005. Product revenues nearly doubled to $2.1 million from $1.2 million in the prior-year period, while revenues from license fees rose slightly to $1.8 million from $1.7 million in the first quarter of 2005.

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