Incyte Earnings Indicate Sequence Database Sales Are Being Squeezed | GenomeWeb

PALO ALTO, Calif.--The recent news that Incyte Pharmaceuticals is expecting a net loss in the range of $27 million for the year raised questions among industry observers about the viability of the genomic-data-selling business, and about the stability of the company that was the first in the genomics business to turn a profit.

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