Nanosphere Q1 Revenues Rise 85 Percent; Secures $27M in Financing | GenomeWeb

NEW YORK (GenomeWeb News) – Nanosphere today said that its first-quarter revenues jumped 85 percent year over year as consumables sales rose 123 percent.

The company also said that it secured $27 million in new financing.

The Northbrook, Ill.-based molecular diagnostics firm recorded $2.4 million in revenues for the three months ended March 31, compared to $1.3 million a year ago, and beat the consensus Wall Street estimate of $2.1 million.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

Prosecutors seek to introduce evidence from low-template DNA analysis in a murder case in upstate New York, the New York Times reports.

In PNAS this week: map of UV-induced damage in yeast genome, comparative epigenomics uncovers plant lacking key DNA methyltransferase enzyme, and more.

Researchers kick off their second Queer in STEM survey to examine what can make STEM careers welcoming, Wired reports.

A startup company is offering a test to analyze soil samples from farms for pathogens.