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

Reuters
2025.06.25 04:51
June 25 (Reuters) - Illumina Inc (ILMN.O) : * ILLUMINA TO ACQUIRE SOMALOGIC, ACCELERATING ITS PROTEOMICS BUSINESS AND ADVANCING THE COMPANY'S MULTIOMICS STRATEGY * ILLUMINA INC - TO BUY SOMALOGIC FOR $350 MILLION PLUS $75 MILLION IN MILESTONES * ILLUMINA INC - EXPECTS SOMALOGIC BUSINESS TO BE PROFITABLE IN 2027 Source text: Further company coverage: (ILMN.O)