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

China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating tariffs and trade war ...

Shares in Chinese gene-sequencing companies surged on Tuesday after the announcement of the ban. MGI Tech led the gains, ...

Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...

Illumina is reducing its forecast for this year’s financial performance and cutting $100 million in spending because China ...

Illumina is not banned from operating in the country and will continue to serve its existing customers, a company ...

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

Here are the biggest headlines of the day in the latest Market Minute. Illumina (ILMN ... banned imports of the biotech’s gene sequencing machines as part of a broader retaliatory response ...

Brown Advisors, an investment management company, released its “Brown Advisors Global Leaders Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. In the letter ...

In a sign it is willing to go further in responding to President Trump’s tariffs, Beijing blocked more American companies ...

Illumina’s blacklisting puts its replacement by cheaper domestic machines “on an acceleration ... offer subsidies as part of its proposals for new clients. “Switch now, Sikun sequencers ...