NEW YORK (GenomeWeb News) – Investment bank Leerink Swann has raised its valuations on the stocks of Illumina and Life Technologies, citing the benefit of upcoming stimulus funding and expected gains in the next-generation sequencing market.

Analyst Isaac Ro upped his valuation on Illumina's stock to $48-$55 from his previous range of $37-$41. While he slightly lowered his revenue estimate for fiscal-year 2009 to $718.2 million from $718.6 million, he raised his estimate for FY 2010 to $920 million from $896.2 million.

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York University researchers find genomic evidence of inbreeding in the yellow-banded bumblebee, according to Reuters.

In its survey of US adults, the Pew Research Center finds that views on the genetic engineering of animals depend on why it's done.

The Scientist reports agricultural researchers are working on a gene-stacking tool.

In Nature this week: statistical method for overcoming case-control imbalance issues, and more.

Sep
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