Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...
The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the ...
Illumina’s NGS sequencers are used to sequence DNA or RNA samples and use a technology known as sequencing by synthesis (SBS) ...
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
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 is not banned from operating in the country and will continue to serve its existing customers, a company ...
Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...
Illumina lowered its adjusted profit outlook and cut spending cost for 2025 as the company grapples with Chinese ban on its ...
Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting ...
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 ...
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.