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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.61+3.5%Nov 21 4:00 PM EST

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To: Jibacoa who wrote (2616)2/4/2010 9:48:04 AM
From: Jibacoa  Read Replies (1) of 3722
 
SQNM was up in premarket after some news.<g>

It announced the launch of the SensiGene Fetal RHD Genotyping test. This is the company's first laboratory developed test powered by its SEQureDx technology.

newscom.com

In the US there are approximately 528,000 pregnancies in RhD negative women every year, and almost all of these women could benefit from an assessment of the RhD type of the fetus.
The advantage of the test is that this could be done without an amniocentesis and or chorionic villus sampling, which involve some risk to the fetus.

This is the first test based on SQNM's SEQureDx technology and is an important milestone for SQNM.<g>

It is expected that this test will not run into the same problems that SQNM's test for Down's syndrome.<g>

At any rate, the stock is up 8.21% at present.

bigcharts.marketwatch.com

But it didn't do as well after the market opened, with the DOW now down in triple digits again.<g>

Bernard
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