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NEW YORK (GenomeWeb) – The GenomeWeb Index fell nearly 1 percent in April, as disappointing preliminary earnings from Illumina and some concerns about whether Abbott would complete its acquisition of Alere dragged down the stocks of those firms.

The Dow Jones Industrial Average, which gained less than 1 percent during the month, and the Nasdaq Biotechnology Index, which gained 3 percent, outperformed the GenomeWeb Index. However, the Index outperformed the Nasdaq, which finished the month nearly 2 percent lower.

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