Navigation Links
Sequenom, Inc. Reports Financial Results For The Third Quarter Of 2013
Date:11/7/2013

id and third-party payors at the beginning of 2013 included the elimination and replacement of certain molecular diagnostics billing codes. These changes continue to result in requests by many payors for additional information to process claims for services, which causes delays in receiving payment.

In the second and third quarter of 2013, collections for services in prior quarters included $6.3 million related to services performed in 2012, for a total of $25.2 million collected in 2013 related to services performed prior to 2013 and recorded on the cash basis.

As of September 30, 2013, uncollected amounts outstanding for tests delivered that were not recognized as revenue upon delivery of the test result because the accrual revenue recognition criteria were not met, ranged from approximately $46 million to $51 million. These estimates are net of estimated write-downs and adjustments, and actual revenue will depend upon the reimbursement ultimately to be received for outstanding claims.

Sequenom Laboratories' international business continues to grow, and contributed 11% of total diagnostic services revenue for the third quarter of 2013.

Third quarter 2013 revenues from the Sequenom Bioscience operating segment (formerly known as the genetic analysis segment) of $10.7 million increased 3% as compared to the same period in 2012, at $10.4 million. In September, the Company announced that it had engaged an investment banker to assist in the evaluation of strategic alternatives for this business segment.  

Total cost of revenues increased to $27.0 million for the third quarter of 2013, compared to $24.3 million for the second quarter and $17.5 million for the prior year period. Cost of revenues increased due to the significant increase in Sequenom Laboratories' test volumes over the prior year and the costs incurred to support increased testing capacity.

Overall gross margin for the third quarter of 2013 was 38%, as comp
'/>"/>

SOURCE Sequenom, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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

Related medicine technology :

1. Sequenom, Inc. Announces Date Of Third Quarter 2013 Financial Results And Conference Call
2. Todays Research: Inovio Pharma, Sequenom, Peregrine Pharma, Onyx Pharma, and Optimer Pharma
3. Sequenom, Inc. Reports Financial Results For The First Quarter Of 2013
4. Morning Research on Sequenom, Peregrine Pharma, Onyx Pharma, and Inovio Pharma
5. Sequenom, Inc. Reports Financial Results For The Fourth Quarter And Full Year Of 2012
6. Sequenom, Inc. Announces Date Of Fourth Quarter And Full Year 2012 Financial Results And Conference Call
7. Sequenom, Inc. Reports Financial Results For The First Quarter Of 2012
8. Arena Pharmaceuticals Provides Corporate Update and Reports Third Quarter 2013 Financial Results
9. Nektar Therapeutics Reports Financial Results for the Third Quarter of 2013
10. ANI Pharmaceuticals Reports Net Revenues of $7.8 million, adjusted Non-GAAP EBITDA of $1.7 Million, and EPS of $0.13 for the Third Quarter Ended September 30, 2013
11. NxStage Reports Third Quarter 2013 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2015)... and VANCOUVER, British Columbia ... OGXI ) announced today that it will report ... 14, 2015. Company management will host a conference call ... provide an overview of financial results, clinical development programs ... access the webcast, log on to the Investor Relations ...
(Date:5/4/2015)... , May 4, 2015  BioSpecifics Technologies Corp. ... in class collagenase-based products marketed as XIAFLEX ® ... XIAPEX ®  in the EU, will announce its first ... U.S. financial markets on Monday, May 11, 2015 and ... a.m. ET the next day, Tuesday May 12, 2015.  ...
(Date:5/4/2015)... N.J. , May 4, 2015 PTC Therapeutics, ... and reported financial results for the first quarter ending March ... strong start this year. In our first full quarter since ... to Translarna, the first treatment for nonsense mutation Duchene Muscular ... double the number on treatment since our last earnings call," ...
Breaking Medicine Technology:BioSpecifics Technologies Corp. to Report First Quarter 2015 Financial Results on Monday, May 11, 2015 2PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 2PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 3PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 4PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 5PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 6PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 7PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 8PTC Therapeutics Reports First Quarter 2015 Financial Results and Provides Corporate Update 9
... YORK , June 22, 2011 The Alzheimer,s ... awarded a grant to Axxam SpA to develop small ... (Logo: http://photos.prnewswire.com/prnh/20090805/DC57332LOGO ) The ... compounds that block the puringeric receptor, P2X7, which is ...
... (NYSE: AGN ) today announced a new ... Obesity and Related Diseases that found the cost ... Allergan,s LAP-BAND® Adjustable Gastric Banding System, was offset by ... surgery eligible patients with diabetes, and within four years ...
Cached Medicine Technology:Alzheimer's Drug Discovery Foundation Supports Axxam To Develop Novel Therapeutics for Alzheimer's Disease 2New Study Finds That Gastric Banding Pays for Itself In Approximately Two Years for Patients With Diabetes and Four Years for Patients Without Diabetes 2New Study Finds That Gastric Banding Pays for Itself In Approximately Two Years for Patients With Diabetes and Four Years for Patients Without Diabetes 3New Study Finds That Gastric Banding Pays for Itself In Approximately Two Years for Patients With Diabetes and Four Years for Patients Without Diabetes 4New Study Finds That Gastric Banding Pays for Itself In Approximately Two Years for Patients With Diabetes and Four Years for Patients Without Diabetes 5New Study Finds That Gastric Banding Pays for Itself In Approximately Two Years for Patients With Diabetes and Four Years for Patients Without Diabetes 6
(Date:5/5/2015)... Specialty makeup brand Beauty ... Outfitters on a collection of summer-oriented cosmetics and ... For the debut five-piece summer collection, Beauty For ... Eagle ; the retailer's fast-growing intimates, swim and ... REAL," uses models of various sizes and doesn't ...
(Date:5/5/2015)... 05, 2015 Igantia , an ... leads an international initiative to examine key biological milestones ... human lifespan. Scientists at Igantia believe that better ... the initiation of her menstrual cycle to her transition ... aging and, ultimately, extend the lifespan. , By ...
(Date:5/5/2015)... 05, 2015 Care Logistics ... called “Medicare Breakeven Challenges? A Model to ... ,     Formulas for two critical ... but should be ,     A model ... space” and ensures sustained efficient operations , ...
(Date:5/5/2015)... Grants Pass, OR (PRWEB) May 05, 2015 ... winter dry eye seasons. Turns out, the worst dry eye ... atmospheric pollen count spikes in most of the United States. ... is autumn. Fresh water advocate Sharon Kleyne, host of the ... spring dry eye on her radio show of May 11, ...
(Date:5/5/2015)... WA (PRWEB) May 05, 2015 Dealing with ... a strenuous and complicated task. Personal injury lawyers are excellent ... are created equal. In their latest article , the ... should search for when choosing a personal injury lawyer to ... personal injury case is a waste of time if the ...
Breaking Medicine News(10 mins):Health News:BLKBOXLabs Finds Real Beauty in Beauty For Real and American Eagle Outfitters’ Aerie-Branded Beauty Line 2Health News:BLKBOXLabs Finds Real Beauty in Beauty For Real and American Eagle Outfitters’ Aerie-Branded Beauty Line 3Health News:Igantia Announces Digital Initiative to Decode Longevity 2Health News:Care Logistics Publishes a New Hospital Guidebook for Achieving Medicare Breakeven 2Health News:Nature’s Tears EyeMist tear film supplement soothes dry eye caused by spring pollen season, reports inventor Sharon Kleyne 2Health News:Nature’s Tears EyeMist tear film supplement soothes dry eye caused by spring pollen season, reports inventor Sharon Kleyne 3Health News:5 Top Qualifications for Personal Injury Lawyer Disclosed in Latest Article by The Jones Firm 2
... community has increasingly been adopting the use of electronic ... serious concerns about the security and privacy of those ... and Human Services has just announced an award of ... concerns to rest. The Information Trust Institute (ITI) at ...
... The Natural Orifice Surgery Consortium for Assessment ... American Society for Gastrointestinal Endoscopy (ASGE) and the ... today announce the 2010 NOSCAR Research Award winners. ... Research Fund will be distributed among five grant ...
... For the ... begin mid-April and during the spring, are part of the curricula of Tai Sophia,s new ... individual courses will be offered in the months to come. , ... Laurel, MD (Vocus) April 5, 2010 -- For the ...
... ... Heart Association,s PTES campaign to raise funds and awareness for stroke prevention. We invite you ... stroke. Doctors Community Hospital will be onsite at the walk-a-thon providing free health screenings. ... Bowie, MD (PRWEB) April 5, ...
... A major new hub of activity for scientists at ... be launched in Suzhou, China, this coming Monday, April 6th, ... Symposium. "Our object is to make the ... throughout Asia who are exploring the frontiers of molecular biology, ...
... Medicine have found that exposure to three common chemical ... timing of pubertal development, and put girls at risk ... first to examine the effects of these chemicals on ... Environmental Health Perspectives . "Research has ...
Cached Medicine News:Health News:Illinois Information Trust Institute leads HHS program on Health Information Privacy and Security 2Health News:Illinois Information Trust Institute leads HHS program on Health Information Privacy and Security 3Health News:NOSCAR announces 2010 NOTES research award winners 2Health News:Tai Sophia Institute Offers Individual Graduate-Level Courses 2Health News:Tai Sophia Institute Offers Individual Graduate-Level Courses 3Health News:Tai Sophia Institute Offers Individual Graduate-Level Courses 4Health News:Bowie/Mitchellville (MD) Alumni Chapter of Kappa Alpha Psi Hosts "Power to End Stroke" Walk-a-thon in Glenn Dale, Maryland 2Health News:'Pan-Asian hub' for life scientists to open in Suzhou, China, on Monday, April 6 2Health News:'Pan-Asian hub' for life scientists to open in Suzhou, China, on Monday, April 6 3Health News:'Pan-Asian hub' for life scientists to open in Suzhou, China, on Monday, April 6 4Health News:Exposure to 3 classes of common chemicals may affect female development 2
... 2000 Pipette is a synonym for pipetting ... robust design, and superior operating comfort. Its ... the measuring stroke and blow-out as well ... system ensures utmost accuracy and precision. Ejection ...
Inquire...
... The Eppendorf Reference Series 2000 Pipette ... smooth stroke, a compact and robust design, ... button is used to operate the measuring ... the tip. Product features:Eppendorf "pipette/tip" system ensures ...
... The Eppendorf Reference Series 2000 Pipette is ... stroke, a compact and robust design, and ... is used to operate the measuring stroke ... tip. Product features:Eppendorf "pipette/tip" system ensures utmost ...
Medicine Products: