T2 Biosystems' Q4 Loss Increases on Higher Expenses | GenomeWeb

NEW YORK (GenomeWeb) – T2 Biosystems reported after the close of the market Tuesday that its fourth quarter and full-year 2014 loss increased as it ramped up R&D and invested in clinical trials for its T2Candida Panel and T2Dx instrument.

The Lexington, Mass.-based molecular diagnostics firm reported research and grant revenues for the quarter of $119,000, up from $55,000 in the fourth quarter of 2013. It didn't report any commercial revenues in the quarter or full year.

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