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Diagnostic Testing & Technology Report

Third Wave Sees Clinical Revenue Grow 25% in '07
April 2008

Molecular diagnostics company Third Wave Technologies (Madison, Wis.) reported clinical molecular diagnostic revenue of $26.3 million in 2007, an increase of 25 percent from 2006. Total 2007 revenues were up 11 percent to $31.1 million, which includes $4.6 million in research revenue. The company reported a net loss of $16.8 million in 2007, compared to last year’s net loss of $18.9 million.

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