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CombiMatrix ‘Adequately Financed’
As It Awaits $36M Judgment, CEO Says

[August 19, 2008]

By Justin Petrone

CEO Amit Kumar said CombiMatrix has “cash enough to get us through several quarters” and he is aware that “one of the concerns that customers … corporate partners, and others have is with our limited capital.” CombiMatrix also said second-quarter revenues jumped 55 percent on a 421-percent surge in diagnostic services revenue.

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