Icagen, Inc. Reports Third Quarter 2009 Financial Results and Operational Highlights

RESEARCH TRIANGLE PARK, N.C., Nov. 5, 2009 (GLOBE NEWSWIRE) -- Icagen, Inc. (Nasdaq:ICGN) reported today its financial results and operational highlights for the third quarter ended September 30, 2009. For the third quarter of 2009, the Company reported revenues of $2.2 million and a net loss of $3.5 million. As of September 30, 2009, the Company’s cash and cash equivalents totaled $21.1 million.

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