It appears to be a sinking ship...........(SEE CHART IN NEXT POST).
Lumera Corp(NASDAQ GM:LMRA)
4.26 +0.16 / +3.90%
Jan 30 3:54pm ET †
Company Information
Lumera Corporation develops proprietary polymer materials and are developing products based on these materials for a range of applications. Using their expertise in nanotechnology, they design and synthesize polymer materials at the molecular level to optimize their electrical, optical and surface properties. They are developing products for three distinct markets that they believe provide market opportunities, including biotechnology diagnostics and disposables, electro-optic devices and wireless antennas and systems. They believe they have developed a proprietary intellectual property position based on a combination of patents, licenses and trade secrets relating to the design and characterization of polymer materials, methods of polymer synthesis and production of polymers in commercial quantities, as well as device design, characterization, fabrication, testing and packaging technology. The Company is developing products in the following key areas: Biotechnology Diagnostics and Disposables, Electro-Optic Devices and Wireless Antennas and Systems. Research and development expense decreased $3,041,000 to $4,561,000 for the year ended December 31, 2004, from $7,602,000 for the year ended December 31, 2003.
Lumera Corporation
19910 North Creek Parkway Bothell WA 98011-3008