Navigation Links
Gen-Probe Reports Strong Financial Results for Fourth Quarter and Full Year 2007
Date:2/13/2008

cines and Diagnostics.

Product sales were, in millions:

Three Months Ended Dec. 31, Year Ended Dec. 31,

2007 2006 Increase 2007 2006 Increase

Clinical diagnostics $49.7 $45.4 10 % $199.2 $171.2 16 %

Blood screening $42.7 $40.1 6 % $171.7 $154.1 11 %

Total product sales $92.4 $85.5 8 % $370.9 $325.3 14 %

Collaborative research revenues in the fourth quarter of 2007 were $5.4 million, compared to $1.2 million in the prior year period. This increase resulted from several factors, including:

-- Research reimbursement and milestone payments from 3M related to the

companies' collaboration to develop rapid tests for

healthcare-associated infections.

-- Research reimbursement and milestone payments from 3M related to the

companies' collaboration for food testing, which was terminated in the

fourth quarter.

-- Funds received from the US Department of Defense for prostate cancer

research.

For the full year 2007, collaborative research revenues were $16.6 million, compared to $15.9 million in the prior year, an increase of 4% that resulted primarily from the factors described above. These increases were partially offset by the reclassification of revenue associated with investigational use of the PROCLEIX WNV assay. Beginning in the third quarter of 2006, the Company began recording all revenue associated with this assay in product sales, rather than in collaborative research revenues. The assay was approved by the US Food and Drug Administration (FDA) for use on Gen-Probe's enhanced semi-automated instrument system (eSAS) in December of 2005, and for use on the TIGRIS system in March of 2007.

Royalty and license revenues for the fourth quarter of 2007 were $1.1 million, compared to $4.4 million in the prior year
'/>"/>

SOURCE Gen-Probe Incorporated
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Related biology technology :

1. Carl Hull Named President and Chief Operating Officer of Gen-Probe
2. Gen-Probe Announces Webcast of Fourth Quarter and Full Year 2007 Earnings Conference Call
3. Gen-Probe to Webcast Three Upcoming Presentations
4. Gen-Probe Reports Strong Financial Results for Third Quarter 2007, Raises Full-Year Guidance for Earnings Per Share and Total Revenues
5. Gen-Probe to Webcast Presentation at Bank of Americas 37th Annual Investment Conference
6. Imagenetix Inc. Reports Third Fiscal Quarter Results
7. China-Biotics, Inc. Reports Third Quarter 2008 Financial Results
8. Maxygen Reports Fourth Quarter and Year End 2007 Financial Results
9. Cynosure Reports Record Revenues and Net Income for the Fourth Quarter of 2007
10. AEterna Zentaris Reports First Patients Treated with Anti-Cancer Compound AEZS-108 in Phase 2 Trial in Ovarian and Endometrial Cancers
11. Schering-Plough Reports Financial Results for 2007 Fourth Quarter, Full Year
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2015)... ... ... R-Biopharm is proud to announce the RIDASCREEN® Gliadin Competitive ... been accepted by AOAC International as Official First Action method. The AOAC Official ... R5 Competitive ELISA,” based on a specific monoclonal antibody to potentially celiac toxic ...
(Date:7/30/2015)... Texas (PRWEB) , ... July 30, 2015 , ... The ... and in-depth study on the current state of the global Propanol market with a ... Sinopec, CNPC, BASF, Eastman, Dow, Carboclor, Mitsui Chemicals, Oxea, ISU Chemical, Sanofi, Royal Dutch ...
(Date:7/30/2015)... July 30, 2015  With over 60,000 customers across the globe, ISN improves the ... hiring organizations with more than 60,000 safe and reliable contractors in over 80 countries. ... ... Over 60,000 ... Headquartered in Dallas, TX , ...
(Date:7/30/2015)... Bedford, NH (PRWEB) , ... July 30, 2015 ... ... efficiency homogenizer for advanced fluid applications and designed for continuous operation up to ... clean-in-place and sterilization-in-place, ensuring safety, efficiency, and preventing toxic contamination. , The Pony™ ...
Breaking Biology Technology:RIDASCREEN® Competitve Gliadin Receives AOAC Official First Action Status 2Global Propanol Market Technical Data and Manufacturing Analysis 2020 2Global Propanol Market Technical Data and Manufacturing Analysis 2020 3ISN Reaches Over 60,000 Worldwide Customers 2ISN Reaches Over 60,000 Worldwide Customers 3GEA Announces the Pony™ NS2006L… a Self-contained, High Pressure Lab Homogenizer for Product Development Ensuring Maximum Efficiency and Safety 2
... Attention gadget guys and girls this is your time. The ... holiday season. But when it comes to the value of these ... loathe them. I guess I fall into the latter category. ... Luddite (although when I read the Unabombers manifesto several years ago ...
... Wisconsins Department of Commerce, said on Friday that he would resign ... the law firm Quarles & Bradys Milwaukee office. , ,Nettles has ... He will be returning to the firm he worked at before ... Governor Doyle as a leader, a boss, and a friend, he ...
... Converse Madison, Wis. While the ... primarily to looking ahead for new social and technological developments, ... also be important if they want to see where the ... technology director at the UW-Madison School of Business and founder ...
Cached Biology Technology:More electronic gadgets, more miscommunication 2More electronic gadgets, more miscommunication 3Secretary Nettles leaving Commerce for law practice 2Secretary Nettles leaving Commerce for law practice 3Business-school IT director points to reasons for wireless trend 2
(Date:7/31/2015)... , Kina, 31. juli 2015 Den ... bliver afholdt af BGI fra den 22. - 25. oktober ... Konferencen fejrer sin 10-års fødselsdag i år. Siden ... mest indflydelsesrige årlige møder på ,omik,-feltet, og er en ... ICG-10 fokuserer på nylige gennembrud og ...
(Date:7/31/2015)... , 31 de julio de 2015 ... (ICG-10,  www.icg-10.org ) del 22 al 25 de octubre ... La conferencia celebra su décimo aniversario este ... convertido en una de las reuniones anuales más influyentes ... es una de las conferencias científicas más dinámicas, entusiastas ...
(Date:7/31/2015)... 2015 A 10 a. Conferência Internacional ... BGI de 22-25 de outubro de 2015, em ... está celebrando seu 10 o. aniversário este ano. Desde ... das reuniões mais influentes do mundo no ramo das ... e prazerosos. A ICG-10 se concentra ...
Breaking Biology News(10 mins):Den 10. internationale konference om Genomics (ICG-10) åbner i oktober 2La 10ª Conferencia Internacional sobre Genómica (ICG-10) comienza en octubre 2La 10ª Conferencia Internacional sobre Genómica (ICG-10) comienza en octubre 3A 10a. Conferência Internacional sobre Genômica (ICG-10) será em outubro 2A 10a. Conferência Internacional sobre Genômica (ICG-10) será em outubro 3
... The production of food must be sustainable and ... international EU financed network called LeanGreenFood. LeanGreenFood, ... University of Copenhagen, is a network of scientists from ... scientists to rethink current established food processes and to ...
... Midyear Meeting of the Health Physics Society (HPS) will take ... the Doubletree Hotel. The topical meeting will focus on "Radiation ... with 49 presentations during the 2.5 day topical session. ... , Red Dragon, Issues affecting understanding , Communication ...
... RENO, Nev. Butterfly populations in California are declining and, ... Nevada due to climate change and loss of habitat, according ... of Nevada, Reno assistant professor in the College of Science. ... source for small mammals and birds," Forister said. "They play ...
Cached Biology News:Climate change and habitat destruction affect butterfly populations 2
... KitTM allows graphic manipulation of DNA sequences ... an award winning interface design that allows ... to providing sophisticated drawing capabilities for Mac ... "Best Plasmid Mapping Software" by the Biotechnology ...
... ISO 9001:2000 Certified USDA Research Registered OLAW ... Training AALAS Certified Technicians ... GLP Documentation Upon Request Focus ... for all your custom immunology service needs. ...
...
...
Biology Products: