Suffering from Pharma Sales Slump, Affy Discloses ‘Strategic Plan’ to Halt Decline | GenomeWeb
Amid a tumultuous week in which Affymetrix lowered its full-year financial forecast, expanded an ongoing restructuring initiative, and saw its shares plummet, company officials last week disclosed a “strategic plan” to arrest an ongoing decline in sales and investor confidence.
Weaker-than-expected demand from pharmaceutical clients contributed to a slight decline in second-quarter revenue, disclosed last week, while net loss widened.

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