The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the ...
Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...
Medical Device Network on MSN9d
China bans Illumina sequencer imports as US trade war intensifiesGlobalData’s senior medical analyst says the ban will add to a downward trend for Illumina in the Chinese market.
Illumina is not banned from operating in the country and will continue to serve its existing customers, a company ...
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting ...
Illumina will seek to cut $100 million in expenses by the end of this fiscal year as it plans to deal with a loss of revenue ...
Illumina lowered its adjusted profit outlook and cut spending cost for 2025 as the company grapples with Chinese ban on its ...
Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...
The import ban on Illumina's NGS sequencers follows its placement on China's Ministry of Commerce's (MOFCOM) ‘Unreliable Entity List’ last month. Image credit: JHVEPhoto via Shutterstock.
China’s Ministry of Commerce announcement does not mention Illumina’s reagents used in DNA sequencing, the analysts said in a Tuesday note, but the ban on sequencing machines alone could ...
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