Gene Logic's Genomics Revenues to Disappoint; Firm Bets on Genotyping Services, Rx Repositioning | GenomeWeb

Gene Logic has stumbled on its path to profitability, which it had hoped to reach in 2007.

The company warned last week that its genomics division will generate "significantly lower" than expected revenue for the second quarter and the full year of 2006. As a result, the firm withdrew its financial guidance for 2006 and 2007.

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