financetom
Business
financetom
/
Business
/
BRIEF-Illumina To Buy Somalogic For $350 Million Plus $75 Million In Milestones
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

IN

2027

Source text:

Further company coverage:

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Boardwalktech and Trillium Partner on Supply Chain Solutions
Boardwalktech and Trillium Partner on Supply Chain Solutions
Mar 28, 2025
08:15 AM EDT, 03/28/2025 (MT Newswires) -- Boardwalktech Software ( BWLKF ) on Friday partnered with Trillium Digital Services with a focus on supply chain solutions. Trillium Digital Services Managing Partner Michael Ciatto said his company's clients have responded positively to Boardwalktech's approach, particularly in industries dealing with complex supply chains and regulatory requirements where maintaining digital provenance is critical....
Rosenberg Research Advises Canada to Fight The U.S. in The Trade War With Savings Bonds
Rosenberg Research Advises Canada to Fight The U.S. in The Trade War With Savings Bonds
Mar 28, 2025
08:15 AM EDT, 03/28/2025 (MT Newswires) -- Now that the trade war with the United States has entered a new chapter, it is time for Canada to respond with force, said Rosenberg Research. However, not a tit-for-tat tariff game, which will only undermine the local consumer more than is already the case, noted Rosenberg Research. Canada's manufacturing base must be...
Lithium Americas 2024 Loss Surges, Comes in Higher Than Analysts' Expectations
Lithium Americas 2024 Loss Surges, Comes in Higher Than Analysts' Expectations
Mar 28, 2025
08:13 AM EDT, 03/28/2025 (MT Newswires) -- Lithium Americas ( LAC ) said Friday that its 2024 net loss surged and came in higher than analysts' forecasts. The company posted a 2024 net loss of US$42.6 million, or US$0.21 per share, compared with a 2023 net loss of US$5.1 million, or US$0.03 per share, and the analyst consensus estimate of...
Market Chatter: Noted Economist Honoured By Trump Warns 25% Tariffs Risk
Market Chatter: Noted Economist Honoured By Trump Warns 25% Tariffs Risk "Irreparable Damage" to U.S. Automakers
Mar 28, 2025
08:16 AM EDT, 03/28/2025 (MT Newswires) -- Noted economist Arthur Laffer warns in a new analysis that U.S. President Donald Trump's 25% tariffs on auto imports could add US$4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts, The Associated Press is reporting Friday. In...
Copyright 2023-2026 - www.financetom.com All Rights Reserved