Vermillion Reports $73K in Q1 Revenue After Posting No Revenue in 2009 | GenomeWeb

Freemont, Calif.-based proteomics diagnostics firm Vermillion reported this week that it had first-quarter 2010 revenues of $73,000.

The Q1 revenues came from the forgiveness of $3 million in principal on a $10 million secured line of credit provided to the company as part of an agreement with Quest Diagnostics.

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