Proteome Sciences 2008 Revenues Triple, Losses Shrink 13 Percent | GenomeWeb

Proteome Sciences this week said that its revenue for full-year 2008 more than tripled to £849,487 ($1.38 million) from £265,593 ($432,677) in 2007, according to its preliminary results.

The UK firm did not report its net loss but said that its loss before taxes shrank 13 percent to £4.8 million for the year ended Dec. 31, 2008, from £5.5 million in the year-ago period. It had cash and cash equivalents of £273,810 as of Dec. 31.

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