This story was originally published July 25.

Despite a 91 percent increase in revenues in the second quarter, Sequenom said today that changes to how molecular diagnostic tests are coded and billed are impacting its ability to get reimbursed.

As such, President and CEO Harry Hixson said during a conference call to discuss the company's second quarter earnings that it plans to implement expense reduction initiatives that could include the "curtailment of services for which there is no current reimbursement available."

Get the full story with
GenomeWeb Premium

Only $95 for the
first 90 days*

A trial upgrade to GenomeWeb Premium gives you full site access, interest-based email alerts, access to archives, and more. Never miss another important industry story.

Try GenomeWeb Premium now.

Already a GenomeWeb Premium member? Login Now.
Or, See if your institution qualifies for premium access.

*Before your trial expires, we’ll put together a custom quote with your long-term premium options.

Not ready for premium?

Browse our free articles
You can still register for access to our free content.

In Science this week: swapping yeast genes with human orthologs to study conservation of function, and more.

Hong Kong is using DNA phenotyping to shame litterers.

A study appearing in Cell suggests some metastatic castration-resistant prostate cancer patients could benefit from PARP inhibitor therapy.

NIH's Francis Collins writes that scientific advances are poised to help populations all over the world, but more scientists are needed to keep the momentum.