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Illumina Inc - ILMN STOCK NEWS

Welcome to our dedicated news page for Illumina (Ticker: ILMN), a resource for investors and traders seeking the latest updates and insights on Illumina.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Illumina's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Illumina's position in the market.

Rhea-AI Summary
Concentric by Ginkgo, the biosecurity unit of Ginkgo Bioworks, has entered into a Co-Marketing Agreement with Illumina, Inc. to set up pathogen monitoring programs using Illumina technology. The goal is to expand biosecurity capabilities globally and build a global pathogen monitoring network to detect, characterize, and respond to biological threats. The partnership aims to empower countries by enhancing early warning of emerging and novel pathogens and building local capacity for biosurveillance.
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Illumina (ILMN) has published research in Nature journal, using NovaSeq Systems to sequence 5000 ancient human genomes, revealing insights into ancient migrations, mating habits, and disease variants, impacting modern Europeans. This research offers a rich view of early human history and its impact on disease risk.
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Illumina (ILMN) conducted a study to uncover links between an endogenous retrovirus and cancer in koalas. The San Diego Zoo's koala population faces a significant challenge due to the koala retrovirus (KoRV), which is associated with fatal conditions such as susceptibility to bacterial infections, leukemia, lymphoma, and other cancers. The study aims to understand the genetic implications of this virus and its impact on koala health.
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Illumina Ventures Labs (IVL) is now operational and finalizing agreements with several startup companies. IVL is part of Illumina Ventures, supporting early-stage genomics startups. IVL provides fully equipped genomics labs, mentorship, and connections to other companies within the Illumina Ventures portfolio. Companies can stay in Labs for up to eighteen months and employ virtual and hybrid formats. After leaving the Labs, companies will be de-risked and attractive investment opportunities for the wider venture capital community.
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GRAIL, LLC (ticker symbol: GRL) and BeniComp partner to make Galleri® multi-cancer early detection (MCED) screening test available to eligible patients through BeniComp Select members. This partnership aims to enhance proactive and preventive health management, offering better access to care and equipping participants with proactive cancer screening tools. The Galleri® test, introduced in 2021, utilizes next-generation sequencing and machine learning to detect a signal shared by many cancers, including those without recommended screenings. The collaboration between GRAIL and BeniComp signifies a step forward in early cancer detection and preventive health measures.
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Illumina, Inc. (Nasdaq: ILMN) announces unaudited preliminary financial results for Q4 2023 and fiscal year 2023, with consolidated revenue of approximately $1,115 million for Q4 2023, up 3% from Q4 2022, and approximately $4,497 million for fiscal year 2023, down 2% from fiscal year 2022. Core Illumina revenue was approximately $1,090 million for Q4 2023, up 2% from Q4 2022, and approximately $4,431 million for fiscal year 2023, down 3% from fiscal year 2022. The company also shipped 79 NovaSeq X instruments in Q4 2023 and 352 instruments for fiscal year 2023.
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Illumina Inc. (NASDAQ: ILMN) signs collaboration agreement with Janssen Research & Development, LLC for the development of a novel molecular residual disease assay using whole-genome sequencing for oncology applications.
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Illumina, Inc. (ILMN) to Release Q4 and Full Year 2023 Results on February 8, 2024
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Illumina Inc. (NASDAQ: ILMN) delivered approximately 86,000 whole genomes in 2023, including a unique diverse ancestry cohort. The company announced three new members of the Alliance for Genomic Discovery (AGD), including Bristol Myers Squibb (BMS), GSK, and Novo Nordisk, who will co-fund the whole-genome sequencing of 250,000 DNA samples. This collaboration aims to generate and analyze more genomic, multimodal phenotypic, and multiomic data to improve human health and drug discovery. AGD completed whole-genome sequencing of approximately 86,000 DNA samples, including a diverse ancestry cohort of 35,000 individuals primarily of African ancestry. The alliance is applying innovative, large-scale analysis tools to the DNA data to identify disease associations and drug targets for intervention.
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Madryn Asset Management, LP (Madryn) reiterates its view that there is a viable alternative to the proposed merger between SomaLogic, Inc. (SLGC) and Standard BioTools Inc. (LAB). They believe that SomaLogic's cash position and near-term commercial opportunities mitigate the need for the merger, and they urge shareholders to vote against it.
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Illumina Inc

NYSE:ILMN

ILMN Rankings

ILMN Stock Data

22.04B
158.40M
0.27%
94.56%
3.11%
Analytical Laboratory Instrument Manufacturing
Manufacturing
Link
US
San Diego

About ILMN

at illumina, our goal is to apply innovative technologies and revolutionary assays to the analysis of genetic variation and function, making studies possible that were not even imaginable just a few years ago. these studies will help make the realization of personalized medicine possible. with such rapid advances in technology taking place, it is mission critical to have solutions that are not only innovative, but flexible, scalable, and complete with industry-leading support and service. as a global company that places high value on collaborative interactions, rapid delivery of solutions, and prioritizing the needs of its customers, we strive to meet this challenge. illumina’s innovative, array-based solutions for dna, rna, and protein analysis serve as tools for disease research, drug development, and the development of molecular tests in the clinic.