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Sequenom, Inc. Reports Financial Results For The Second Quarter Of 2013
Date:7/24/2013

arter, the Company's actions to reduce costs and improve overall financial performance and the Company's expectations and the impact of such actions on the Company, Sequenom CMM's ongoing negotiations with payors and continuing efforts to sign contracts with payors, Sequenom CMM's internal goal of 120 million lives covered by the end of 2013 and expectations to reach that goal, Sequenom CMM's expectations and the impact of the additional capacity of the North Carolina laboratory on costs associated with increased testing volumes over time, and Sequenom CMM's dedication to the development and commercialization of laboratory-developed tests for prenatal and eye conditions and diseases and changing the landscape in genetic diagnostics, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the risks and uncertainties associated with market demand for and acceptance and use of technology and tests such as the MaterniT21 PLUS test, reliance upon the collaborative efforts of other parties such as, without limitation, healthcare providers, international distributors and licensees, the Company or third parties obtaining or maintaining regulatory approvals that impact the Company's business, government regulation particularly with respect to diagnostic products and laboratory developed tests, publication processes, the performance of designed product enhancements, the Company's ability to develop and commercialize technologies and products, particularly new technologies such as noninvasive prenatal diagnostics, laboratory developed tests, and genetic analysis platforms, the Company's financial position, the timing and amount of reimbursement that Sequenom CMM receives from payors for its laboratory developed tests, the Company's ability to manage its existing c
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