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Transition continues to impact Third Wave financials

Madison, Wis. -- Third Wave Technologies, a provider of molecular diagnostics solutions, reported losses in the second quarter in line with market expectations.

Third Wave reported total revenue of $5.8 million and a net loss of $5.5 million, or 13 cents per diluted share, for the quarter ended June 30, 2005, compared to total revenue of $12.6 mill......

Full article >>> uce the Invader chemistry platform and our new products to the market. Clinical labs do not switch easily. They conduct long, thorough assessments of new applications. However, once accepted, we believe it is difficult to be displaced."

Puisis also said he believed there are openings in the current marketplace, especially in the emerging pharmacogenetic field, in which medicine is specifi......

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Source:wistechnology.com By Eric Kleefeld 07/27/05


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