VirtualScopics increases sales, trims losses in '05

Biomarker developer VirtualScopics reported that its fiscal 2005 (end-December 31) revenues rose to approximately $3.5 million, a 38% increase over fiscal 2004 sales of $2.5 million, according to the Rochester, NY-based firm.

The firm's net loss for the year was $2 million, an improvement compared with net losses of $2.4 million from the prior year, the company said.

By AuntMinnie.com staff writers
February 17, 2006

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VirtualScopics taps CEO, July 20, 2004

VirtualScopics partners with University of Rochester, January 14, 2004

VirtualScopics scores financing, February 11, 2003

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