Navigation Links
Sequenom Reports Fourth Quarter and Full Year 2010 Financial Results
Date:3/8/2011

s of $135.5 million. Net cash used in operating activities was $42.6 million for 2010 compared to $48.7 million for 2009.

"2010 marked a turning point for the organization," said Harry F. Hixson, Jr., Ph.D., chairman and chief executive officer. "We started 2010 with a list of important milestones to achieve and by the end of the year we had successfully attained all our important goals. Sequenom CMM completed their T21 'locked assay' study, and the results were published in the American Journal of Obstetrics and Gynecology in March 2011. This peer-reviewed publication by Sequenom CMM scientists showed that massively parallel shotgun sequencing is a viable testing methodology for trisomy 21 detection. In December, Sequenom CMM initiated a blinded large cohort clinical validation study for the trisomy 21 laboratory developed test or 'LDT'. We remain on track to complete this study by the end of the second quarter of 2011. Sequenom CMM's goal is to bring the trisomy 21 LDT to market by the end of 2011 or early 2012 upon the publication of the validation study results. Additionally, we are on track for Sequenom CMM to bring to market its genetic LDT for age-related macular degeneration a common eye disorder of the elderly, later in 2011."

Paul V. Maier, chief financial officer, stated, "We are very pleased with the performance of our genetic analysis business in 2010. We achieved improved gross margins while reducing our investment in inventory and receivables to support this segment. We see promising signs of continued growth for this business segment. We are also pleased that the consolidated federal securities class actions have been settled. Additionally we finished 2010 with steady growth in our diagnostics segment and strengthened our balance sheet through two successful financings which, we believe, will provide sufficient cash to finance operations into early 2013."

2010 AccomplishmentsFinancing – In 2010 the company successfu
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. University of Michigan Study Shows SEQUENOMs MassARRAY Technology Identifies HPV Infections Missed by Standard Hybridization Test
2. Sequenom Announces Paul Maier to Become Interim Chief Financial Officer
3. Sequenom Announces Addition to Clinical Advisory Board
4. Sequenom Announces Settlement Agreement In Shareholder Class Action Lawsuit
5. Sequenom Announces Launch of SensiGene Fetal(XY) (Fetal Sex Determination) Test
6. Sequenom Reports 2009 Fourth Quarter and Full Year Financial Results
7. Sequenom Announces Final Approval of Settlement in Class Action Securities Lawsuit
8. Sequenom to Present at the Jefferies 2010 Global Life Sciences Conference
9. Sequenom Announces Date of Second Quarter 2010 Financial Results and Conference Call
10. Sequenom to Present at Two Financial Conferences in November
11. Sequenom CMM Commences Pivotal Clinical Validation Study for Its SensiGene Trisomy 21 Laboratory Developed Test
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... , Aug. 27, 2014 Kewaunee Scientific Corporation ... of Directors increased its quarterly cash dividend by 9% ... per outstanding share, beginning with the dividend payable on ... close of business on September 8, 2014. ... in 1906, Kewaunee Scientific Corporation is a recognized global ...
(Date:8/27/2014)... -- Columbia Laboratories, Inc. (Nasdaq: CBRX ) ("Columbia" ... trial manufacturing, and advanced analytical and consulting services to ... at the upcoming Rodman & Renshaw 16 th ... New York . The Company will present ... at the New York Palace Hotel. ...
(Date:8/27/2014)... and NINGBO, China , Aug. ... Ningbo Menovo Pharmaceutical Co., Ltd, ("Menovo") today announced they ... of generic pharmaceuticals, primarily targeting the United ... agreement, Amerigen and Menovo will jointly develop products for ... . Menovo will be responsible for manufacturing API ...
Breaking Medicine Technology:Amerigen Pharmaceuticals Limited and the Ningbo Menovo Pharmaceutical Co., Ltd, today announced they had entered into a collaboration agreement regarding the development of generic pharmaceuticals, primarily targeting the United States market 2
... N.J., Feb. 15, 2011 Daiichi Sankyo, Inc. (DSI), ... facility in Bethlehem Township, Pennsylvania from Amcor, a global ... leverage existing resources to more cost-effectively supplement its operations ... expected to be operational in the summer or early ...
... MAHWAH, N.J., Feb. 15, 2011 Stryker Corporation,s Orthopaedics ... most recognizable names and personalities in professional golf, has ... of the sport and current member of the PGA ... Triathlon ® Knee System in November 2009 and ...
Cached Medicine Technology:Daiichi Sankyo, Inc. Acquires First US-Based Packaging and Manufacturing Facility 2Fred Funk Becomes Spokesperson for Stryker Orthopaedics 2Fred Funk Becomes Spokesperson for Stryker Orthopaedics 3
(Date:8/28/2014)... CA (PRWEB) August 28, 2014 ... small and mid-sized healthcare organizations, today announced that it ... online appointment company ZocDoc , to head their ... company has created a sales management position. , “I’m ... startup like DoctorBase that already has so much traction ...
(Date:8/28/2014)... August 28, 2014 Top 10 ... web hosting companies and announces Bluehost, HostMonster ( ... suppliers for the webmasters worldwide who want to ... , As the world’s most popular server-side scripting ... many other general-purpose programs. It is now installed ...
(Date:8/28/2014)... MarijuanaDoctors.com is enthralled to announce the ... of Livermore, California. As always, MarijuanaDoctors.com prides itself on ... and in accordance with that, we are excited to ... practice. , Initially finding his calling for healing and ... was shaped by his mother’s severe arthritis to finally ...
(Date:8/28/2014)... The revenue cycle process touches on nearly ... a patient books an appointment with a physician’s office, ... for services rendered to the healthcare provider. Medorizon ... the RCM process down to a science. Over the ... place in nearly every healthcare facility around the globe. ...
(Date:8/28/2014)... The next episode of “Extreme Weight Loss” ... He’s a drama coach who longs to audition for ... achieving that dream impossible. , Featuring a unique, non-competitive ... Tuesday, September 2 (9:00-11:00 p.m., ET/PT) on the ABC ... smile on the outside to hide the self-doubt and ...
Breaking Medicine News(10 mins):Health News:DoctorBase Hires Josh Angeles as Vice-President of Sales 2Health News:Army Colonel Dr. James Patel Joins the Medical Marijuana Industry 2Health News:Army Colonel Dr. James Patel Joins the Medical Marijuana Industry 3Health News:Army Colonel Dr. James Patel Joins the Medical Marijuana Industry 4Health News:Tips on Automating the Revenue Cycle Process with Medical Billing 2Health News:Tips on Automating the Revenue Cycle Process with Medical Billing 3Health News:“Extreme Weight Loss”: Rod’s Journey Begins at the University of Colorado Anschutz Health and Wellness Center 2
... , MOUNT PROSPECT, Ill., Dec. 28 On ... (NABP(R)) reached a bitter-sweet milestone in its ongoing review of ... 5,000 Internet drug outlets as Not Recommended. These sites -- ... been found to be out of compliance with pharmacy laws ...
... evolved from a beneficial organism, researchers say , MONDAY, Dec. ... genetic makeup of a germ that causes cavities, and shows ... the mouth. , The germ is known as ... for sitting in the gut and doing good things, like ...
... , , BIRMINGHAM, Ala., Dec. 28 Family ... simple resolutions and fun advice for staying heart healthy ... lipidologist (NLA), certified hypertension specialist (ASH), medical director of ... and Chief Medical Officer at Atherotech, Inc., developer of ...
... to self-consciousness as biggest factor standing in people,s way , MONDAY, ... and millions of Americans will resolve that this ... of January are so many of those resolutions broken? , New ... that people don,t know that exercise is good for them and ...
... , , CINCINNATI, Dec. 28 Resolutions ... country later this month, and for many people a resolution ... at Cincinnati Children,s Hospital Medical Center recommend this annual practice ... the cycle of resolutions -- make one, stick to it ...
... obsessive dieting -- but could also help fight obesity, experts ... applications that help modern-world dwellers find restaurants in Calcutta, calculate ... code may also fuel eating disorders. , In the ... behavior by allowing teens and young adults to constantly count ...
Cached Medicine News:Health News:5,000 Web Sites Selling Prescription Drugs Outside of Pharmacy Laws and Practice Standards 2Health News:5,000 Web Sites Selling Prescription Drugs Outside of Pharmacy Laws and Practice Standards 3Health News:Heart-Healthy ABC's for 2010 2Health News:Top Reasons Those 'Get Fit' Resolutions Don't Stick 2Health News:Top Reasons Those 'Get Fit' Resolutions Don't Stick 3Health News:Mom, in 2010 I Will... Parents Should Encourage Family Goals, Not New Year's Resolutions 2Health News:Phone Apps Dialing Up Eating Disorders 2Health News:Phone Apps Dialing Up Eating Disorders 3
... Chalam 15° Prism are designed ... are recommended for tractional retinal ... Rhegmatogenus retinal detachment. They can ... and other midperipheral laser applications. ...
... The High-Mag 1.5x ... internal limiting membrane peeling ... optic nerve neurotomy, sheathotomy ... traditional macular edema and ...
... visualization of virtually the entire retina including ... of the lens on the eye. It ... giant retinal tears, diagnosing and treating anterior ... retina in a vitreous cavity filled with ...
... higher magnification and increased stereopsis, ... suited for detailed visualization to ... Retinal is ideal for vitrectomy ... peeling in proliferative vitreoretinopathy extending ...
Medicine Products: