Navigation Links
Sequenom, Inc. Reports Financial Results For The First Quarter Of 2012
Date:5/3/2012

es in sales volumes and the timing of cash receipts. During the first quarter of 2012, gross margin on diagnostic services revenue was negative, while gross margin on genetic analysis revenues increased by 3% to 74%, primarily due to a change in product mix, with higher margin consumables comprising a larger percentage of overall segment revenues.

Total operating expenses for the first quarter of 2012 were $29.8 million, as compared to total expenses of $21.6 million for the first quarter of 2011.  This change reflects increased selling and marketing expenses resulting primarily from higher labor costs associated with increased headcount and an expanded diagnostic sales force, as well as increased research and development expenses associated with facilities allocation and overhead, higher operational supply expenses and labor related costs. 

General and administrative expenses also increased for the first quarter, primarily due to increased facilities and legal expenses as compared to the same period one year ago.  Total stock-based compensation expense was $2.9 million for the first quarter of 2012, as compared to $2.6 million as recorded during the first quarter in 2011.

"Our performance during the quarter reflects the successful achievement of our operational goals throughout the organization, specifically those associated with the expansion of Sequenom CMM's testing services and the launch and rapid adoption of the MaterniT21™ PLUS laboratory developed test," said Paul V. Maier, Sequenom's CFO.  "We ended the quarter with a favorable cash position as we continued to strengthen our balance sheet, raising $58.2 million during the period through an underwritten public offering, the proceeds of which will primarily be used to fund the expansion of our operations in support of the growing demand for our testing services."

As of March 31, 2012, total cash, cash equivalents, and marketable securities were $119.7 mi
'/>"/>

SOURCE Sequenom, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine technology :

1. Sequenom, Inc. Announces Date of Third Quarter 2011 Financial Results and Conference Call
2. Neuland Labs Reports Financial Results For Fiscal Year 2012
3. Valeant Pharmaceuticals Reports 2012 First Quarter Financial Results
4. GP Strategies Reports Strong First Quarter 2012 EPS of $0.23
5. Cardinal Health Reports Third-Quarter Results
6. Lexicon Pharmaceuticals Reports On Clinical Program Status And 2012 First Quarter Results
7. Nektar Therapeutics Reports Financial Results for the First Quarter of 2012
8. Neurocrine Biosciences Reports First Quarter 2012 Results
9. CVS Caremark Reports Record First Quarter Results
10. National Study: Teen "Heavy" Marijuana Use Up 80 Percent Since 2008, One in Ten Teens Reports Using Marijuana at Least 20 Times a Month
11. Thoratec Reports First Quarter 2012 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/2/2015)... , Chine, 3 juillet 2015 BGI ... à haut débit de l,ADN situé à ... certification de  l,American College of Pathologists  (Collège des ... à Hong Kong constituent ... génération à recevoir la certification du CAP en ...
(Date:7/2/2015)... , July 2, 2015 /PRNewswire/ - ESSA Pharma Inc. ("ESSA" ... shares have been approved for listing and trading on the ... ESSA will begin trading on NASDAQ on July 9, 2015.  ... Exchange under the symbol "EPI". As a result ... each of the Company,s outstanding special warrants issued on January ...
(Date:7/2/2015)... CHAPEL HILL, N.C. , July 2, 2015 /PRNewswire/ ... industry. Because of its leading role in educating thought ... the functions that can heavily influence how well a ... to a new study from research and consulting leader ... Medical Affairs leaders need to focus on are early ...
Breaking Medicine Technology:BGI obtient la certification du Collège des pathologistes américains (CAP) 2ESSA Pharma Inc. to Commence Trading on the NASDAQ Capital Market 2ESSA Pharma Inc. to Commence Trading on the NASDAQ Capital Market 3ESSA Pharma Inc. to Commence Trading on the NASDAQ Capital Market 4Medical Affairs Role in Thought Leader Education is Key Success Factor for New Product Launches in the Pharmaceutical Industry 2
... WASHINGTON, Aug. 3, 2011 The National Pharmaceutical Council ... as a new member. Dr. Jeffrey M. Jonas, senior ... representative on the NPC board of directors. ... the health care environment that has left many important ...
... 3, 2011 As payers, unions, and a bipartisan ... demanding more accountability in the health care system, the ... seeking to ban tools that detect pharmacy fraud, waste, ... today launched a campaign opposing the drugstore lobby,s ...
Cached Medicine Technology:National Pharmaceutical Council Welcomes Shire as Its Newest Member 2Drugstore Lobby Looks for 'Free Pass' to Avoid Fraud, Waste, and Abuse Detection 2Drugstore Lobby Looks for 'Free Pass' to Avoid Fraud, Waste, and Abuse Detection 3Drugstore Lobby Looks for 'Free Pass' to Avoid Fraud, Waste, and Abuse Detection 4
(Date:7/3/2015)... ... July 03, 2015 , ... Jennifer Renee Hanes, DO is the new ... the largest network of independent freestanding emergency rooms in the United States. , “We ... Sienna Plantation facility,” said Executive Medical Director of First Choice Emergency Room, Dr. James ...
(Date:7/3/2015)... ... 03, 2015 , ... The Celebrity Dresses is currently running a promotion through ... celebrities will have the opportunity to get 10% discount on orders that are over ... not have to use coupon codes or remember redemption codes. , There is ...
(Date:7/2/2015)... , ... July 02, 2015 , ... ... Edwards (D-Md.) for her introduction of the Stop Overdose Stat (S.O.S.) Act of ... Senator Jack Reed (D-R.I.), this Act seeks to decrease drug overdose – especially ...
(Date:7/2/2015)... ... ... “ LIFX ” was featured on NewsWatch as part of its monthly Tech Report, ... technology expert and special reporter for NewsWatch, conducted the review and shared with viewers ... , According to the U.S. Department of Energy, it’s very important to use energy-efficient ...
(Date:7/2/2015)... ... , ... The ZAC Foundation, a national leader in water safety education and ... to stay water safe with the help of a young polar bear named Zeke. ... co-founders, follows Zeke’s water safety journey. Zeke, who is afraid of the water ...
Breaking Medicine News(10 mins):Health News:Dr. Jennifer Renee Hanes Named by First Choice Emergency Room as Medical Director of Missouri City, TX Facility 2Health News:Dr. Jennifer Renee Hanes Named by First Choice Emergency Room as Medical Director of Missouri City, TX Facility 3Health News:Celebrity Fashion Summer Party Dresses on sale at TheCelebrityDresses.com 2Health News:AAPCC Supports the Stop Overdose Stat Act of 2015 2Health News:AAPCC Supports the Stop Overdose Stat Act of 2015 3Health News:The Most Versatile Smart Light Bulbs were featured on NewsWatch Television 2Health News:The ZAC Foundation Kicks Off Summer and July 4th Weekend with Complimentary Children’s E-Book on Water Safety 2Health News:The ZAC Foundation Kicks Off Summer and July 4th Weekend with Complimentary Children’s E-Book on Water Safety 3
... AIDS drugs produced by Pharmaceutical companies which are proved ... available in Africa, where the actual benefit of these ... Without Border). MSF (Medicine sans Frontiers) have accused ... new drugs in Africa. MSF is providing AIDS treatment ...
... happy about the way he looks by just looking in to ... he is convinced//. ,Women on the other hand are ... satisfy them unless they are supplemented with actual results. ... by Kathleen Martin Ginis, associate professor of kinesiology at McMaster University. ...
... intensifying its battle against measles outbreaks in the quake-hit ... with plummeting temperatures//., ,Pakistan-administered Kashmir has now seen ... nearly 200,000 under-five receiving vitamin A supplements as well. ... administered to all under-five children., ,To date, 14 ...
... could be a catch-22 situation for some overweight people—they ... ,Doctors treating overweight or obese patients often prescribe ... pounds. , ,But researchers led by psychologist Rona ... some people's ability to exercise may be hampered by ...
... mysterious death of several seabirds on the Gulf of Carpentaria ... be harboring the bird flu virus//. ,However, the ... cause for panic and that they were sending out a ... that a second team with a military operative has also ...
... A massive overdose of insulin led to the death of ... Hospital. The wrong dose was administered by a nurse who ... consult a doctor. The overdose of insulin resulted in bronchial ... poor handwriting of one nurse was misread by another, leading ...
Cached Medicine News:
... Rapid intubation of difficult airways., ,When ... and accuracy are critical. Now you can ... ventilation with the Combitube®: Esophageal/Tracheal double-Lumen Airway ... Combitube airway is designed to establish a ...
Includes one of each size airway. Plastic. Color coded for size. Single use. Non-Sterile....
Rsch color coded Guedel airways offer our best value on oropharyngeal airways. They uniquely combine color coding for size and flexible material without a premium price. Color coded airways are latex...
New - Color Coded Berman Airways. A simple idea makes size identification easier for you., ,Premium upgrade without a premium price. Color Coded Berman airways are latex-free., ,Plastic. Single use...
Medicine Products: