Icagen, Inc. Reports Third Quarter 2010 Financial Results and Operational Highlights

RESEARCH TRIANGLE PARK, N.C., Nov. 9, 2010 (GLOBE NEWSWIRE) -- Icagen, Inc. (Nasdaq:ICGN) reported today its financial results and operational highlights for the third quarter ended September 30, 2010. For the third quarter of 2010, the Company reported revenues of $4.5 million and a net loss of $239,000. As of September 30, 2010, the Company’s cash and cash equivalents totaled $11.7 million.

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