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Illumina's divestiture of GRAIL boosts financials, while strong gross margins and DNA sequencing growth drive potential. See ...
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. It’s ...
Illumina on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments.
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.
Last month Illumina shareholders received a warning shot. In response to President Trump’s initial tariff measures, the Chinese government added the maker of gene-sequencing equipment to its ...
Shortly after the Trump administration’s new tariffs against China went into effect, the country responded with levies of its own against multiple U.S. trade sectors—and placed Illumina on a ...
China announced a ban on Tuesday on imports of genetic sequencers from U.S. medical equipment maker Illumina , just minutes after U.S. President Donald Trump's additional 10% tariff on Chinese ...
China’s Ministry of Commerce on Tuesday added Illumina, a maker of DNA sequencing systems, to its unreliable entity listas trade tensions with the U.S. flared.
China hits Illumina with import ban. What does that mean for the San Diego gene sequencer? China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating ...