NEW YORK (GenomeWeb News) – Accelr8 Technology on Friday reported a sharp drop in revenues for its Fiscal Year 2012.

In a document filed with the US Securities and Exchange Commission, the company said that revenues dropped to $235,910 for its Fiscal Year 2012 ended July 31, 2012, compared to $1.1 million in Fiscal Year 2011.

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A fire at a Manchester hospital may have destroyed lab equipment and data, the Guardian reports.

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