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AFFX Affymetrix, Inc.

14.01
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Affymetrix, Inc. NASDAQ:AFFX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.01 0 01:00:00

Affymetrix Gene-Expression Reagents Win FDA Clearance; Shares Up

09/05/2011 2:34pm

Dow Jones News


Affymetrix (NASDAQ:AFFX)
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Affymetrix Inc. (AFFX) said it won clearance from the U.S. Food and Drug Administration for the addition of new gene expression reagents as accessories to its genetic analysis tools.

Shares were up 6.4% at $6.55 in recent premarket trading. The stock through Friday's close is up 22% this year.

The company, whose products are used by pharmaceutical, diagnostic and biotechnology companies, is aiming to generate at least a quarter of its 2011 revenue from new markets, including cytogenetics and cancer.

Affymetrix in April swung to a small first-quarter profit on lower expenses, though revenue declined more than Wall Street expected.

-By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

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