NEW YORK — 4basebio on Friday reported a nearly 20 percent year-over-year increase in revenues for 2019 on strong performance by its genomics and recently divested proteomics and immunology businesses.
For the 12-month period ended Dec. 31, 4basebio's revenues climbed to €15.7 million ($17.0 million) from €13.1 million the year before. The firm attributed the higher revenues in part to the impact of a full year of revenues from TGR Biosciences, which was acquired in mid-2018.