Business
IntegraGen : announces 2019 revenue of €8.3 million, up +20%, and cash position of €2.8 million as of December 31
IntegraGen : announces 2019 revenue of €8.3 million, up +20%, and cash position of €2.8 million as of December
About this update from Integragen Sa
IntegraGen announced today its unaudited business figures for the year 2019. 2019 revenue amounted to 8.3 M € versus 6.9 M € in 2018, an increase of 20% over 12 months. This performance highlights an acceleration from the high growth level of 15% reported for the first half of 2019. Strong increase in sequencing services, driven by activities related to the SeqOIA sequencing platform and by activities with the Institut Pasteur Sales growth for Mercury®, Sirius® and Galileo® sequencing data interpretation software Generation of positive operational cash flow in the second half enabling a cash balance of €2.8 million compared with €2.6 million at June 30, 2019 Click here to view press release .