NEW YORK (GenomeWeb News) – Investment bank Cowen & Co. today initiated coverage of molecular diagnostics companies GenMark Diagnostics and Nanosphere with Outperform ratings.

In a report, analyst Shaun Rodriguez said that GenMark "presents a unique and compelling long-term value proposition in the diagnostics industry," and that the Carlsbad, Calif.-based firm is "a story with open-ended growth potential, a solid management team, superior technology, and targeting attractive markets."

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