NEW YORK (GenomeWeb News) – Cancer diagnostic development firm DiagnoCure said after the close of the market on Friday that its fiscal fourth-quarter revenues fell 59 percent year over year.

For the three months ended Oct. 31, the Quebec City, Quebec-based firm posted C$142,995 (US$145,306) in revenues, down from C$345,923 in Q4 2011. All revenues resulted from licensing agreements in the recently completed quarter, the firm said.

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Gene drives might run into biological resistance, the Economist reports.

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