In a case that had been closely watched across multiple industries, Illumina chose to divest Grail in the light of legal action from the European Commission and the US Federal Trade Commission.

Last summer, following a drawn-out divestment from parent company Illumina, Grail announced it would be narrowing its focus only to the Galleri test, pausing its work on other diagnostics to ...

September 6, 2022 Illumina will have to divest Grail after EU blocks takeover U.S. life sciences firm Illumina will have to divest biotechnology company Grail after an EU veto of the $7.1 billion ...

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

Illumina's financial flexibility declined a bit to purchase Grail, but given the use of equity and limited debt, Illumina's balance sheet remains lightly leveraged. As of December 2024 ...

Enabled on Illumina sequencers and a new multimodal analysis platform, Illumina's spatial technology delivers unbiased whole-transcriptome profiling with cellular resolution and high sensitivity.

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 ...

Illumina and next-gen sequencing (NGS) are synonymous. But to anyone paying attention, the company’s recent emphasis on multiomics has been hard to miss. Indeed, the company has launched both ...

Illumina is raising the curtain on its upcoming entry into spatial transcriptomics, with tech designed to help researchers explore cellular behavior mapped across complex tissues. The announcement ...

(RTTNews) - Illumina, Inc. (ILMN) responded on Monday to the notice from the China Ministry of Commerce stating that it is not permitted to export sequencing instruments into China. Illumina said ...

The company is also reviewing the sale of its Castrol lubricants business with a $20bn targeted divestment by 2027. "bp to divest 50% stake in Lightsource bp to strategic partner" was originally ...

The department is, however, no longer calling for the company to divest all its investments in artificial intelligence, including the billions Google has poured into Anthropic. “Google’s ...