The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.

Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...

China banned the import of Illumina Inc. gene-sequencing machines as part of a wave of retaliatory measures against fresh US ...

The Chinese government took its economic sanctions against San Diego-based Illumina a step further Tuesday by banning the ...

Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.

China has banned the import of Illumina’s next-generation sequencing (NGS) sequencers as part of retaliatory measures ... this morning to a loss of around 1.5% from 4 March.

Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting ...

The latest job cuts at Illumina’s California headquarters are not part of a broad-based reduction, a company spokesperson ...

The company attributed this to a decrease in sequencing instrument revenue from fewer shipments of its machines. Illumina’s net loss increased about 5% year over year to $1.2 billion in fiscal ...

As of December 2024, the company held about $1.2 billion of cash and ... genome when considering only the sequencing part of the process. Switching Costs Illumina also benefits from switching ...