By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Canadian diagnostics firm Med BioGene today said its net loss rose 11 percent in the second quarter.

For the three months ended June 30, the company posted no revenues, the same as a year ago. Net loss totaled C$551,910 ($524,266), or C$0.01 per share for the quarter, compared to C$497,503, C$0.01 per share, a year ago.

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