Transgenomic (TBIO) Reports Q4 Loss of $0.77/Share

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Transgenomic Provides Financial and Business Update

April 15, 2015 4:05 PM EDT

Conference Call to Be Held at 5:00 PM Eastern Time Today

OMAHA, Neb.--(BUSINESS WIRE)-- Transgenomic, Inc. (NASDAQ: TBIO) today provided a business update and financial review for the year ended December 31, 2014.

In 2014, we made good progress in building a foundation for renewed growth at Transgenomic, said Paul Kinnon, Transgenomics President and Chief Executive Officer. We executed on the development of Multiplexed ICE COLD-PCR (MX-ICP) in 2014, setting the stage for validation of the product in 2015 and its launch in the second quarter. A key recent... More