NEW YORK (GenomeWeb News) – Shares of Helicos BioSciences got a double-digit boost today after the company announced that it had placed a Helicos Genetic Analysis System at the Ontario Institute for Cancer Research.

In mid-morning trade on the Nasdaq exchange on Thursday, the company's shares were up 40 percent to $1.40.

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The New York Times and ProPublica look into the close relationship between a startup and Memorial Sloan Kettering Cancer Center.

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