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This article has been updated from a previous version to include comments from Quidel's Q3 earnings call.

NEW YORK (GenomeWeb) — Quidel said after the close of the market on Tuesday that third quarter revenues grew 22 percent to $40.9 million from $33.5 million in Q3 2013, beating the average analyst estimate of $37.8 million.

The San Diego-based clinical diagnostics firm attributed the increase to greater sales of infectious disease products in Q3 and growth across all major categories, as well as a $2.8 million increase in grant revenue.

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