Transgenomic Posts 12 Percent Q4 Revenue Decline | GenomeWeb

NEW YORK (GenomeWeb News) – Transgenomic reported after the close of the market Wednesday that its fourth quarter revenues fell 12 percent year over year.

The Omaha, Neb.-based molecular diagnostics firm reported total revenues of $6.2 million for the three months ended Dec. 31, compared to $7.2 million for the fourth quarter of 2012. Its laboratory services revenue dropped to $2.8 million from $4.8 million, while its diagnostics tools business saw revenues rise to $3.4 million from $2.5 million.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

In PNAS this week: statistical approach to examine intra-tumor heterogeneity, new genetic condition called otulipenia, and more.

Blood tests looking for biomarker changes could catch mental illnesses earlier, Newsweek reports.

DNA testing offers Korean adoptees a way to find their birth parents that sidesteps bureaucratic red tape, according to the New York Times.

A National Institutes of Health researcher has filed an Equal Employment Opportunity complaint against the agency, the Washington Post reports.