By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Australian firm Genetic Technologies today reported that its revenues increased 111 percent for the year ended June 30, 2011, while it posted a profit for the first time.

Its revenues totaled A$18.3 million (US$19.2 million) versus A$8.7 million for the previous fiscal year. Genetic Technologies said that the increase was primarily due to a 266 percent increase in revenue from its out-licensing program, which granted 11 new licenses during the year.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

In Nature this week: omic analysis of permafrost microbes, hookworm genome, and more.

Biologists turn to environmental DNA sampling to determine whether elusive or invasive species are shedding DNA in a given area.

Rob Knight writes at Scientific American that microbiome studies are about to break out of the laboratory.

Harold Varmus, the director of the National Cancer Institute, has announced that he is stepping down after nearly five years.