110 Followers USX:ILMN - Illumina Inc Illumina Inc
Sector: Health Care, Industry: Life Sciences Tools & Services
Next Earnings: 2 May 2024
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USD 124.46    +4.21 (+3.50%)

23 Apr 2024


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General

CEO: Mr. Francis A. deSouza

IPO: 2000-07-28

Headquarters: US

Employees: 11,500

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Description

Illumina provides tools and services to analyze genetic material with life science and clinical lab applications. The company generates over 90% of its revenue from sequencing instruments, consumables, and services. Illumina’s high-throughput technology enables whole genome sequencing in humans and other large organisms. Its lower throughput tools enable applications that require smaller data outputs, such as viral and cancer tumor screening. Illumina also sells microarrays (9% of 2023 sales) that enable lower-cost, focused genetic screening with primarily consumer and agricultural applications.

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