NEW YORK (GenomeWeb News) – MDxHealth reported today that its third quarter revenues increased 78 percent year over year, driven by growth in its prostate cancer molecular diagnostic test, ConfirmMDx.

The company also announced it has launched an equity placement of up to about 3.4 million shares.

The firm reported overall revenues of $3.5 million for the three months ended Sept. 30, up from $2.0 million for Q3 2013.

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Consulting company McKinsey says diagnostics companies will have to combine genomic data analysis, electronic medical records, effective reimbursement strategies, and regulatory compliance in order to win.

A new report has found that researchers in Africa are still heavily dependent on funding from organizations in the US, Europe, and China, Nature News says.

An article in The Atlantic argues that the progress being made in science isn't keeping pace with the money and time being spent on research.

In Science this week: a CRISPR screen identifies sideroflexin 1 as a requisite component of one-carbon metabolism, and more.

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This webinar will discuss how understanding the relative performance characteristics of glass and polymer substrates for in vitro diagnostic applications such as microarrays and microfluidics can help to optimize diagnostic performance.

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