GeneNews' Q3 Revenues Fall 74 Percent; PGx, MDx Services Launched | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – GeneNews' third-quarter revenues plummeted 74 percent year over year, the Canadian developer of blood-based biomarker tests reported after the close of the market on Thursday.

In a document filed with Canadian regulators, the company said that revenues in the quarter totaled C$43,999 (US$44,241), down from C$166,515 a year ago as non-refundable licensing revenues dropped to zero from C$162,619 a year ago.

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