BRIEF-Illumina To Buy Somalogic For $350 Million Plus $75 Million In Milestones-August 2024-www.financetom.com

BRIEF-Illumina To Buy Somalogic For $350 Million Plus $75 Million In Milestones

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BRIEF-Illumina To Buy Somalogic For $350 Million Plus $75 Million In Milestones

Jun 24, 2025 10:13 PM

June 25 (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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