NEW YORK (GenomeWeb News) – Luminex reported after the close of the market a 10 percent rise in its third-quarter revenues, though the firm fell short of the consensus Wall Street estimate on the top line.

The Austin, Texas-based molecular diagnostics developer brought in total revenues of $50 million for the three months ended Sept. 30, up from $45.6 million for the third quarter of 2011. Analysts, on average, had expected revenues of $51.3 million.

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A report from MIT identifies areas of scientific research where declining research support is hindering needed advances.

In PLOS this week: phylogenetic study of hepatitis E viruses in Swedish moose, recombination sites in the honeybee genome, and more.

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