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Home » Research & Discovery » Proteomics & Protein Research » LSBC Bows Out of Contract Service: Future of Proteomics Business Murky

LSBC Bows Out of Contract Service: Future of Proteomics Business Murky

Nov 21, 2003
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Large Scale Biology is shutting down its fee-for-service proteomics contract business and is “reviewing and evaluating its business, prospects, and programs” in regards to the rest of its Germantown, Md.-based proteomics business, the company said in a series of reports over the past week. The news was punctuated by a sharp 44 percent drop in the company’s stock price on Friday. (The stock has since recovered, but has not reached its Nov. 13 levels.)

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