On the heels of the full commercial launch of its SmartChip real-time PCR system earlier this month, WaferGen this week reported that it turned its first quarterly profit since the company went public in 2007.

In addition, WaferGen said that its revenues for the second quarter of 2010 grew by more than 500 percent year over year and nearly 10 percent sequentially; and that it was aiming to end 2010 with a four- to five-fold increase in revenues over the previous year.

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