Compugen, DNAStar, GeneGo, BioCreative, Ingenuity, GenoLogics, Ariadne, EBI | GenomeWeb

Compugen's Q1 Revenue Slides as Loss Narrows

Compugen said this week that first-quarter revenue declined 58 percent as R&D spending decreased 22 percent and net losses shrank 19 percent.

Total receipts for the three months ended March 31 slipped to $200,000 from $481,000 in the year-ago period. Compugen said the decrease is "in line with [its] evolution to utilizing its scientific know-how and computational biology capabilities for the discovery of potential therapeutic and diagnostic products."

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