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 ...
Illumina to cut $100M in costs to cope with China ban
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
JD Supra1d
The Illumina Ban and What It Means for Life Science Companies
Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...
China Bans Illumina Sequencer Imports as Trade Tensions Rise
China banned the import of Illumina Inc. gene-sequencing machines as part of a wave of retaliatory measures against fresh US ...
Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban
Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.
Yahoo Finance10d
China bans Illumina sequencer imports as US trade war intensifies
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.
Fierce Biotech11d
China bans sales of Illumina DNA sequencers as Trump escalates global tariffs
Illumina has been barred from exporting its DNA sequencers to China, which closed | Illumina has been barred from exporting ...
Morningstar23d
Illumina's Large Installed System Base Should Insulate It Somewhat From New Entrants
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 ...
San Diego Union-Tribune12d
Illumina cuts workforce at San Diego headquarters
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 ...