By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Response Biomedical today reported that its first-quarter 2010 revenues fell 43 percent and its net loss jumped 54 percent from the first quarter of 2009.

The Vancouver, BC-based molecular diagnostics firm brought in total revenues of C$1.5 million (US$1.5 million) for the three months ended March 31, compared to C$2.7 million for the first quarter of 2009. Its clinical product sales were down around 29 percent at C$1.2 million from C$1.7 million.

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