Falling Quarterly Revenues Place Pressure on Tripos Upcoming Discovery Informatics Tools | GenomeWeb

Tripos is counting on an expanding informatics product portfolio to reverse an 18-month trend of anemic quarterly revenues.

The company last week reported a 16-percent drop in total revenues for the quarter ended June 30, posting $13.4 million compared to $15.9 million in the second quarter of 2004. Tripos attributed the slide primarily to the wind-down of a four-year chemical file-enrichment project that its Discovery Research group is conducting with Pfizer.

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