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Illumina, China and Ban

Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban

Illumina is reducing its forecast for this year’s financial performance and cutting $100 million in spending because China barred sales of the company’s gene-sequencing machines. San Diego-based Illumina is lowering its 2025 guidance to $4.

Markets Insider · 2d

Illumina guidance cut largely as expected, says Barclays

Barclays views Illumina’s (ILMN) guidance last night as largely as expected. The bulls are going to defend the stock on China being de-risked,

Seeking Alpha · 3d

Illumina lowers guidance, cuts spending to mitigate China ban on its gene sequencers

Illumina lowered its adjusted profit outlook and cut spending cost for 2025 as the company grapples with Chinese ban on its gene sequencers. Read more here.

Nature2y

Innovation at Illumina: The road to the $600 human genome

Illumina is an applied genomics technology company that was founded in 1998 with the mission statement: ‘To improve human health by unlocking the power of the genome’. Over the past two ...

San Diego Union-Tribune9d

China hits Illumina with import ban. What does that mean for the San Diego gene sequencer?

The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the gene-sequencing company from importing its machines to the country.

The New York Times10d

China Targets San Diego Biotech Firm in Broadening Blacklist

China’s Ministry of Commerce said it would ban Illumina, a San Diego company, from importing its gene-mapping products in China. Illumina is the world’s leading producer of gene-sequencing ...

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Illumina, China and Ban

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