NEW YORK (GenomeWeb) – BG Medicine reported after the close of the market on Friday that its second quarter revenues plummeted 37 percent year over year as it narrowed its net loss.

For the three months ended June 30, the Waltham, Massachusetts-based firm reported total revenues of $505,000 compared to $799,000 in the year-ago period.

The company's Q2 net loss was $2.0 million, or $.23 per share, compared to a net loss of $2.2 million, or $.26 per share, in the year-ago period.

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