NEW YORK (GenomeWeb News) – Genomic Health today reported double-digit growth in fourth-quarter and full-year 2008 revenues, accompanied by a slimmer net loss.

The company posted a 61 percent increase in revenues for the quarter ended Dec. 31, 2008, to $30.9 million from $19.3 million in the fourth quarter of 2007. Product revenue from the company's Oncotype DX breast cancer assay contributed $30.9 million to fourth-quarter revenues, an increase of 60 percent over $19.3 million in product revenue in the fourth quarter of 2007.

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