Gene Logic Posts Mild Q3 Revenue Increase; Services Unit Weak

Gene Logic reported a modest increase in third-quarter revenue atop smaller R&D expenditures and a widened net loss.

Total revenue for the period ended Sept. 30 grew to $17.7 million from $14.2 million in the year-ago quarter. However, had it not been for $5.5 million in receipts from contract study services, Gene Logic would have posted a $2 million year-over-year decline in revenue from its information-services business.

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

A trial upgrade to GenomeWeb Premium gives you full site access, interest-based email alerts, access to archives, and more. Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Register for Free Content
You can still register for access to our free content.

Researchers find that a personalized medicine approach could help people who experience pain while taking statins, New Scientist reports.

US National Science Foundation is continuing its responsible research conduct training policy despite its flaws, ScienceInsider reports.

A CRISPR-themed meeting explored how the tool could and should be used, Wired reports.

In Science this week: database of proteins' effects on cancer, targeted error correction sequencing, and more.