Rosetta Genomics' Q2 Net Loss Rises 62 Percent | GenomeWeb

NEW YORK (GenomeWeb News) – Rosetta Genomics reported after the close of the market Tuesday that its second-quarter net loss rose 62 percent, as well as plans to eventually spin off its new cleantech division.

The Rehovot, Israel-based developer of microRNA-based tests brought in revenues of $14,000 for the three-month period ended June 30, compared to no revenues for the second quarter of 2008. Rosetta noted that revenues it previously reported for Parkway Clinical Laboratories, which it sold for $2.5 million during the quarter, is now recorded under discontinued operations.

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