Helicos Cuts Q3 Net Loss by Almost 40 Percent; Rules out Potential Sale of Company | GenomeWeb

NEW YORK (GenomeWeb News) – Helicos Biosciences said yesterday that it has for the time being ruled out a potential sale of the company in light of expected revenues through the first quarter of 2010.

In September, Helicos announced that it had hired investment bank Thomas Weisel Partners "to assist the company with its evaluation and execution of strategic alternatives" such as financings, joint ventures, or partnerships.

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