By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Australian genetic test company Genetic Technologies said on Monday that it posted A$1.5 million (US$1.6 million) in revenues for its fiscal second quarter.

The company had no reported R&D spending during the quarter ended Dec. 31, 2011. Advertising and marketing expenses came in at A$92,651.

Genetic Technologies said it had a net loss of A$2.2 million and ended the quarter with A$12.6 million in cash.

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