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Vermillion Reports Financial Results For The Third Quarter 2010 Ova1tm Test Volumes Grew 74% Q/Q In Third Quarter of 2010 Extends Agreement For Ova1 With...

By TechAgreements

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Performed 1,973OVA1tests during the quarter, representing volume growth of 74.4% over the second quarter of 2010; we recognized product revenue from 1,250 tests in the third quarter of 2010 Extended Strategic Alliance agreement with Quest Diagnostics which includes a more favorable revenue split for Vermillion;payment will consist of a fixed upfront payment per test performed and a royalty based.

Full post as published by TechAgreements on November 12, 2010 (boomark / email).

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