NEW YORK (GenomeWeb) – Foundation Medicine after the close of market Tuesday reported a 54 percent increase in revenues for the third quarter, driven by strong growth from its biopharmaceutical business, along with a widening net loss and a sequential decrease in the number of clinical tests it provided.

Investors reacted negatively to the shortfall in clinical tests and a lowered forecast for 2015 clinical test volume, sending Foundation Medicine’s shares down 21 percent in Wednesday morning trade on the Nasdaq to $18.91.

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Jay Shendure and his colleagues have developed a new method to more comprehensively identify human cell types, the NY Times reports.

Researchers in the UK and Japan have shown that infertility in mice with three sex chromosomes can be overcome, according to the Guardian.

China is embracing preimplantation genetic diagnosis, Nature News reports. 

In PLOS this week: host genetic factors associated with cervical neoplasia progression, population patterns for an ancient flowering rainforest plant, and more.

Sep
20
Sponsored by
Ion Torrent

This webinar will discuss how next-generation sequencing (NGS) can help clinical research labs and pathologists save time, money, and samples compared to single-analyte oncology research assays.

Sep
21
Sponsored by
Roche

This webinar will demonstrate a new approach that combines precise FFPE tumor isolation with extraction-free DNA/RNA library preparation to minimize material losses and reduce the amount of tissue input required for NGS analysis.

Sep
27
Sponsored by
Philips Genomics

This webinar will present an in-depth look at how Memorial Sloan Kettering Cancer Center has developed and implemented a next-generation sequencing panel for mutational tumor profiling of advanced cancer patients.