NEW YORK (GenomeWeb) – Horizon Discovery today reported a nearly 19 percent increase in revenues for the first half of 2016 on strong gains in product sales.

For the six-month period ended June 30, Horizon's revenues climbed to £10.2 million ($13.2 million) from £8.6 million in the same period last year. Contributing to the growth was a 62 percent rise in products business revenues to £4.8 million from £3 million, which helped offset a £200,000 decline in service revenues to £5.2 million amid lower molecular screening revenues.

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