China Bans Imports of Illumina DNA Machines in US Retaliation
China banned the import of Illumina Inc. gene-sequencing machines as part of a wave of retaliatory trade measures in response to the US doubling tariffs on all Chinese goods.
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.
Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban
Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.
Precision Medicine Surge: KFSHRC Achieves 39% Rise in Genetic Mutation Analysis
This surge reflects the increasing reliance on genetic diagnostics for identifying hereditary diseases, guiding cancer ...
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The Illumina Ban and What It Means for Life Science Companies
Amid increasing economic tensions with the United States, China recently announced that it would ban Illumina, a U.S.-based company and the ...
Illumina lowering 2025 earnings outlook to low end of range, WSJ says
Illumina (ILMN) is reducing its forecast for this year’s financial performance and cutting $100M in spending because China barred sales of its ...