BRIEF-Illumina To Acquire Somalogic, Accelerating Its Proteomics Business-March 2024-www.financetom.com

BRIEF-Illumina To Acquire Somalogic, Accelerating Its Proteomics Business

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BRIEF-Illumina To Acquire Somalogic, Accelerating Its Proteomics Business

Jun 23, 2025 4:52 AM

June 23 (Reuters) - Illumina Inc ( ILMN ):

* ILLUMINA TO ACQUIRE SOMALOGIC, ACCELERATING ITS PROTEOMICS

BUSINESS AND ADVANCING THE COMPANY'S MULTIOMICS STRATEGY

* ILLUMINA INC ( ILMN ) - TO BUY SOMALOGIC FOR $350 MILLION PLUS $75

MILLION IN MILESTONES

* ILLUMINA INC ( ILMN ) - EXPECTS SOMALOGIC BUSINESS TO BE PROFITABLE

2027

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