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BioReference, Foundation Medicine Report Strong Sales Growth

BioReference Laboratory and Foundation Medicine, a larger and mid-level player in the laboratory sector, both reported strong growth for their respective fiscal and year-end quarters, but the latter continues to report steep losses. The New Jersey-based BioReference reported a 15 percent rise in revenue for its fiscal first quarter ending Jan. 31, reaching $209 million. […]

BioReference Laboratory and Foundation Medicine, a larger and mid-level player in the laboratory sector, both reported strong growth for their respective fiscal and year-end quarters, but the latter continues to report steep losses. The New Jersey-based BioReference reported a 15 percent rise in revenue for its fiscal first quarter ending Jan. 31, reaching $209 million….

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