Laboratory Corporation of America officials last week slashed the firm’s revenue expectations for the year by around three percentage points after noting that the volatile US economy has trickled down to patients and curbed their ability to pay for tests.
 
In discussing its second-quarter earnings with investors, the company said it now expects 2008 revenue to grow to between $4.5 billion and $4.6 billion, or to between 10.3 percent and 11.3 percent more than the $4.07 billion recorded in 2007.

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While gene therapies may have high price tags, they could be cheaper than the cost of managing disease, according to MIT's Technology Review.

Researchers are looking for markers that indicate which cancer patients may respond to immunotherapies, the Associated Press writes.

In Nature this week: paternal age associated with de novo mutations in children, and more.

Nature News writes that researchers are still wrangling over the role of the p-value.