Sequenom and Genaissance Pharmaceuticals | GenomeWeb

Sequenom Said ‘Price Erosion’ Contributed to 26-Percent Revenue Slide in Third Quarter

Sequenom this week said that competition and “price erosion” contributed to a fall-off in third-quarter revenue.

Product sales in the three months ended Sept. 30 fell 26 percent to $4.8 million from $6.6 million year over year. Total receipts for the period also fell 26 percent, to $5.2 million from $7.2 million one year ago.

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