Complete Genomics Restructures | Chemical & Engineering News
Volume 90 Issue 24 | p. 17 | Concentrates
Issue Date: June 11, 2012

Complete Genomics Restructures

Department: Business
Keywords: genomics, DNA sequencing, instrumentation

Complete Genomics is eliminating about 55 jobs, or 20% of its staff, primarily among field and factory employees, at its headquarters in Mountain View, Calif., and other U.S. locations to help save cash. It has also hired financial advisers to explore options for its business. In the meantime, it will focus on developing clinical applications for its whole human genome sequencing service, while also providing genomes to research customers. Until demand for clinical-grade genomes increases, the company will hold off on any expansion of its DNA-sequencing capacity.

 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment