NEW YORK (GenomeWeb) – Nanosphere reported after the close of the market Wednesday preliminary fourth quarter revenue growth of 35 percent year over year.

The Northbrook, Ill.-based molecular diagnostics firm also said that it has received a warning letter from the US Food and Drug Administration related to deficiencies in the firm's quality system regulation.

For the quarter ended Dec. 31, Nanosphere reported preliminary revenues of $4.6 million, up from $3.4 million in the fourth quarter of 2014. Analysts, on average, expected revenues of $4.3 million.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

Researchers test gene therapy targeting a different cancer protein in a new trial, the New York Times reports.

Pennsylvania State University researchers found that salivary microRNAs could predict which kids would have longer concussion symptoms, according to NPR.

The Associated Press reports Alex Azar, the new Department of Health and Human Services secretary nominee, made millions of dollars as a pharmaceutical executive.

In PNAS this week: immune profiling of breast cancer, transposable element patterns in rice, and more.