NEW YORK (GenomeWeb News) – Miniaturized mass spectrometry firm Microsaic Systems today announced preliminary results of £267,999 ($432,463) in revenues and a £1.9 million loss for full-year 2011.

The UK-based firm, which went public in April 2011, did not provide year-ago figures. In the fall, it reported that revenues for the first half of 2011 were down 35 percent year over year, while losses increased 30 percent.

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