Transgenomic Q2 Revenues Drop 7 Percent | GenomeWeb

NEW YORK (GenomeWeb) — Transgenomic said after the close of the market on Wednesday that its second quarter revenues declined 7 percent year over year.

For the three months ended June 30, the Omaha, Neb.-based company reported $6.8 million in revenues compared to $7.3 million in the same quarter last year. Transgenomic said this decline was attributable to a $300,000 decrease in its Genetic Assays and Platforms segment due to fewer instrument sales, and a $200,000 drop in Laboratory Services revenues due to lower sales of contract development services to pharmaceutical clients.

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 PLOS this week: parent-of-origin effects, framework to uncover clinically important mutations from whole genome sequence data, and more.

A survey of Cincinnati schoolchildren finds teenagers want to know their genetic predisposition to disease, LiveScience reports.

More and more universities are helping their researchers patent their inventions, the Los Angeles Times reports.

Cancer Research UK unveils seven 'grand challenges' that it will fund researchers to tackle.