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By a GenomeWeb staff reporter
NEW YORK (GenomeWeb News) – Affymetrix reported after the close of the market Wednesday that its third-quarter revenues dropped around 14 percent year over year on lower product sales.

Illumina President and CEO Jay Flatley said this week that the company has installed nearly 1,000 of its Eco real-time PCR systems since it launched the platform in July 2010 after acquiring biotech firm Helixis.

Illumina filed a document with the US Securities and Exchange Commission disclosing that it will cut 200 jobs from its global workforce.

This article has been updated to include additional information from Illumina's conference call.
By a GenomeWeb staff reporter

By a GenomeWeb staff reporter NEW YORK (GenomeWeb News) – Abbott today announced that it will split into two separate, publicly-traded companies — one focused on diversified medical products and the other on research-based pharmaceuticals.

By a GenomeWeb staff reporter
NEW YORK (GenomeWeb News) – PerkinElmer reduced its number of employees by 72 as part of a restructuring plan during its recently completed second quarter, the company disclosed this week.

German molecular diagnostics firm Epigenomics today reported that its first-half revenues increased 1 percent year over year, and the firm is implementing a restructuring that will include cutting its staff by nearly half.

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The Washington Post reports that a Russian Academy of Sciences commission has led to the retraction of hundreds of scientific papers.

The Los Angeles Times' Daily Pilot reports the chief executive of Vantari Genetics has pleaded guilty in a kickback scheme.

News 4 Jax reports that a Florida bill to prevent life and long-term care insurers from using genetic information in their coverage decisions has easily passed one committee.

In Science this week: potentially pathogenic mutations found in hematopoietic stem cells from young healthy donors, and more.