Illumina Archives - MedCity News https://medcitynews.com/tag/illumina/ Healthcare technology news, life science current events Wed, 18 Oct 2023 18:33:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 https://medcitynews.com/uploads/2021/03/cropped-mblue-32x32.png Illumina Archives - MedCity News https://medcitynews.com/tag/illumina/ 32 32 40682243 EU Orders Grail Sale; Illumina Continues Appeals But Plans for Multiple Outcomes https://medcitynews.com/2023/10/eu-orders-grail-sale-illumina-continues-appeals-but-plans-for-multiple-outcomes/ https://medcitynews.com/2023/10/eu-orders-grail-sale-illumina-continues-appeals-but-plans-for-multiple-outcomes/#respond Thu, 12 Oct 2023 21:12:42 +0000 https://medcitynews.com/?p=651660

European Union regulators ordered Illumina to divest Grail. Illumina is appealing antitrust findings in Europe and the U.S., but the DNA sequencing giant revealed that divesting all or part of Grail is an option even if it wins both legal challenges.

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Europe Imposes Maximum Fine on Illumina for Early Grail Acquisition https://medcitynews.com/2023/07/european-commission-antitrust-illumina-grail-liquid-biopsy/ https://medcitynews.com/2023/07/european-commission-antitrust-illumina-grail-liquid-biopsy/#respond Wed, 12 Jul 2023 17:21:41 +0000 https://medcitynews.com/?p=641373

Illumina must pay a €432 million fine for closing its Grail acquisition before the European Commission finished its inquiry into the tie-up. The penalty is the maximum amount the regulator can impose on a company for breaching European merger rules.

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FTC Orders Illumina to Divest Grail, Says Deal Stifles Cancer Test Competition https://medcitynews.com/2023/04/ftc-orders-illumina-to-divest-grail-says-deal-stifles-cancer-test-competition/ https://medcitynews.com/2023/04/ftc-orders-illumina-to-divest-grail-says-deal-stifles-cancer-test-competition/#respond Mon, 03 Apr 2023 21:53:23 +0000 https://medcitynews.com/?p=630024 Federal Trade Commission, FTC

The Federal Trade Commission has ordered Illumina to divest Grail, the liquid biopsy company it acquired for more than $7 billion. The agency said Illumina’s proposed remedies are insufficient and the tie-up is likely to reduce competition in the R&D and commercialization of new cancer tests.

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PacBio’s latest announcement: The long and short of It https://medcitynews.com/2022/10/pacbios-latest-announcement-the-long-and-short-of-it/ https://medcitynews.com/2022/10/pacbios-latest-announcement-the-long-and-short-of-it/#respond Thu, 27 Oct 2022 22:04:42 +0000 https://medcitynews.com/?p=610723

On the first day of American Society of Human Genetics meeting, PacBio rolls out new long and short-read sequencers…music group Maroon 5.

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Illumina sues former employees turned founders of Guardant Health https://medcitynews.com/2022/03/illumina-sues-former-employees-turned-founders-of-guardant-health/ https://medcitynews.com/2022/03/illumina-sues-former-employees-turned-founders-of-guardant-health/#respond Mon, 21 Mar 2022 17:43:44 +0000 https://medcitynews.com/?p=578415

DNA sequencing power house Illumina sued liquid biopsy company Guardant Health, whose founders used to work for Illumina, claiming the two stole information from Illumina to file patents for Guardant. Illumina alleges that one of the executives misappropriated confidential information while he was still on Illumina’s payroll.

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As genetic testing expands, evidence and awareness needed to spur adoption https://medcitynews.com/2021/12/as-genetic-testing-expands-evidence-and-awareness-needed-to-spur-adoption/ https://medcitynews.com/2021/12/as-genetic-testing-expands-evidence-and-awareness-needed-to-spur-adoption/#respond Thu, 09 Dec 2021 23:42:36 +0000 https://medcitynews.com/?p=561711 dna, genomics

Genetic tests are becoming available for a wider range of applications. During a CB Insights panel discussion, Phil Febbo of Illumina and Alicia Zhou of Color explained what they think needs to happen to make these tests accessible and affordable for more people.

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Illumina’s Grail buyout beats deadline, but legal and regulatory hurdles remain https://medcitynews.com/2021/08/illuminas-grail-buyout-beats-deadline-but-legal-and-regulatory-hurdles-remain/ https://medcitynews.com/2021/08/illuminas-grail-buyout-beats-deadline-but-legal-and-regulatory-hurdles-remain/#respond Thu, 19 Aug 2021 19:23:31 +0000 https://medcitynews.com/?p=545534

In closing its Grail acquisition before U.S. and European regulators sign off, Illumina is taking a chance the deal will pass regulatory muster. It’s a potentially pricey gambit, as Illumina could face fines for its early action and there are no assurances that regulators will agree that the deal is not anticompetitive.

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Would Illumina’s acquisition of GRAIL constrict the expansion of the liquid biopsy space? https://medcitynews.com/2021/07/would-illuminas-acquisition-of-grail-constrict-the-expansion-of-the-liquid-biopsy-space/ https://medcitynews.com/2021/07/would-illuminas-acquisition-of-grail-constrict-the-expansion-of-the-liquid-biopsy-space/#respond Sun, 25 Jul 2021 14:00:35 +0000 https://medcitynews.com/?p=540632

The Federal Trade Commission and the European Union are reviewing the soundness of this acquisition. But if Illumina acquires Grail, the company that it spawned back in January 2016, will it squeeze the nascent liquid biopsy market?

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Illumina’s $7.1B Grail buyout is challenged by FTC on competitive grounds https://medcitynews.com/2021/03/illuminas-7-1b-grail-buyout-is-challenged-by-ftc-on-competitive-grounds/ https://medcitynews.com/2021/03/illuminas-7-1b-grail-buyout-is-challenged-by-ftc-on-competitive-grounds/#respond Tue, 30 Mar 2021 23:46:39 +0000 https://medcitynews.com/?p=522431 Federal Trade Commission, FTC

The Federal Trade Commission is opposing Illumina’s proposed $7.1 billion Grail acquisition, arguing that it will reduce competition for multi-cancer early detection tests. Illumina disagrees with the regulator’s position and will oppose the FTC’s challenge.

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StartUPDATES: New developments from healthcare startups https://medcitynews.com/2021/02/startupdates-new-developments-from-healthcare-startups-22/ https://medcitynews.com/2021/02/startupdates-new-developments-from-healthcare-startups-22/#respond Fri, 12 Feb 2021 12:58:02 +0000 https://medcitynews.com/?p=514460 Vector illustration - Startup

Read about news from healthcare startups Carrum Health, Turing, and new companies in the Illumina Accelerator program.

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Illumina, Helix track spread of more contagious coronavirus variant https://medcitynews.com/2021/01/illumina-helix-track-spread-of-more-contagious-coronavirus-variant/ https://medcitynews.com/2021/01/illumina-helix-track-spread-of-more-contagious-coronavirus-variant/#respond Mon, 11 Jan 2021 22:45:22 +0000 https://medcitynews.com/?p=510302

The two companies are working together to detect instances of the more contagious B.1.1.7 variant in the U.S. After Colorado identified the first case in the U.S. on Dec. 28, more than 60 cases have since been found across the country.

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String of FDA approvals gives momentum to liquid biopsies https://medcitynews.com/2020/11/string-of-fda-approvals-gives-momentum-to-liquid-biopsies/ https://medcitynews.com/2020/11/string-of-fda-approvals-gives-momentum-to-liquid-biopsies/#respond Wed, 04 Nov 2020 19:51:24 +0000 https://medcitynews.com/?p=502874

Following years of research and investment, liquid biopsies are steadily accumulating FDA approvals. The tests are being used in molecular profiling of solid tumors and as companion diagnostics for targeted cancer therapies.

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Illumina to acquire early cancer detection startup Grail for $8B https://medcitynews.com/2020/09/illumina-to-acquire-early-cancer-detection-startup-grail-for-8b/ https://medcitynews.com/2020/09/illumina-to-acquire-early-cancer-detection-startup-grail-for-8b/#respond Tue, 22 Sep 2020 13:57:34 +0000 https://medcitynews.com/?p=498944

Illumina originally spun off Grail in early 2017. Grail plans to launch its test for early detection of cancers, Galleri, next year. Illumina already owns 14.5% of the company, which it started in 2016.

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A snapshot of the precision medicine landscape https://medcitynews.com/2020/03/a-snapshot-of-the-precision-medicine-landscape/ https://medcitynews.com/2020/03/a-snapshot-of-the-precision-medicine-landscape/#respond Wed, 04 Mar 2020 19:56:32 +0000 https://medcitynews.com/?p=481382

What needs to happen to facilitate data sharing, ensure access to genome sequencing and promising personalized therapies?

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Faced with slowing demand, 23andMe cuts 100 employees https://medcitynews.com/2020/01/faced-with-slowing-demand-23andme-cuts-100-employee/ https://medcitynews.com/2020/01/faced-with-slowing-demand-23andme-cuts-100-employee/#respond Fri, 24 Jan 2020 01:16:30 +0000 https://medcitynews.com/?p=478028

The DNA testing company confirmed on Thursday that it would lay off about 100 employees. The restructuring was a result of slowing consumer demand.

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Illumina forms 15-year cancer sequencing deal with Roche https://medcitynews.com/2020/01/illumina-forms-15-year-cancer-sequencing-deal-with-roche/ https://medcitynews.com/2020/01/illumina-forms-15-year-cancer-sequencing-deal-with-roche/#respond Wed, 15 Jan 2020 17:12:03 +0000 https://medcitynews.com/?p=477326 genomics

Separately, the next-generation sequencing manufacturer will also work with Genomics England to sequence up to 300,000 people over the next five years.

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Facing regulatory block, Illumina’s $1.2B PacBio buyout falls apart https://medcitynews.com/2020/01/facing-regulatory-block-illuminas-1-2b-pacbio-buyout-falls-apart/ https://medcitynews.com/2020/01/facing-regulatory-block-illuminas-1-2b-pacbio-buyout-falls-apart/#respond Fri, 03 Jan 2020 15:42:41 +0000 https://medcitynews.com/?p=476162

The Federal Trade Commission had accused Illumina of seeking to monopolize the market for next-generation sequencing in its effort to acquire Pacific Biosciences, originally announced in November 2018.

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FTC moves to block Illumina’s $1.2B acquisition of PacBio https://medcitynews.com/2019/12/ftc-moves-to-block-illuminas-1-2b-acquisition-of-pacbio/ https://medcitynews.com/2019/12/ftc-moves-to-block-illuminas-1-2b-acquisition-of-pacbio/#respond Wed, 18 Dec 2019 15:37:24 +0000 https://medcitynews.com/?p=475133

Federal regulators said they would seek to block the acquisition deal amid concerns that Illumina was seeking to eliminate PacBio as a competitor in the next-generation sequencing space.

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Former unicorn genetics startup Human Longevity loses its horn https://medcitynews.com/2018/12/former-unicorn-genetics-startup-human-longevity-loses-its-horn/ https://medcitynews.com/2018/12/former-unicorn-genetics-startup-human-longevity-loses-its-horn/#respond Tue, 11 Dec 2018 00:27:45 +0000 https://medcitynews.com/?p=448362

The company’s valuation has declined 80 percent, from a $1.6 billion peak to $310 million, according to The Wall Street Journal.

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Illumina to buy Pacific Biosciences for $1.2 billion https://medcitynews.com/2018/11/illumina-to-buy-pacific-biosciences-for-1-2-billion/ https://medcitynews.com/2018/11/illumina-to-buy-pacific-biosciences-for-1-2-billion/#respond Fri, 02 Nov 2018 14:02:07 +0000 https://medcitynews.com/?p=447246 genomics

The $8 per share deal will allow Illumina to tap into the long-read sequencing market, while also heading off competition from other firms, analyst writes.

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What ever happened to the NantHealth-Independence Blue Cross sequencing partnership? https://medcitynews.com/2018/09/what-ever-happened-to-the-nanthealth-independence-blue-cross-sequencing-partnership/ https://medcitynews.com/2018/09/what-ever-happened-to-the-nanthealth-independence-blue-cross-sequencing-partnership/#respond Wed, 19 Sep 2018 18:30:24 +0000 https://medcitynews.com/?p=445554

In January 2016, Independence Blue Cross and NantHealth announced the nation’s first coverage for a whole genome sequencing and proteome molecular diagnostic platform, but it’s mostly slipped under the radar since then. What’s going on?

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Strata Oncology scores $26 million for large-scale next-generation sequencing https://medcitynews.com/2018/05/strata-oncology-scores-26-million-for-large-scale-next-generation-sequencing/ https://medcitynews.com/2018/05/strata-oncology-scores-26-million-for-large-scale-next-generation-sequencing/#respond Wed, 30 May 2018 15:53:17 +0000 https://medcitynews.com/?p=442450

The company plans to bring NGS to health systems lacking the ability to perform it internally.

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Grail nets $300 million from Chinese investors in Series C round https://medcitynews.com/2018/05/grail-nets-300-million-from-chinese-investors-in-series-c-round/ https://medcitynews.com/2018/05/grail-nets-300-million-from-chinese-investors-in-series-c-round/#respond Tue, 22 May 2018 20:15:50 +0000 https://medcitynews.com/?p=442193

Next-generation sequencing firm plans to present data on its gargantuan genomics study at ASCO next month.

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Helix and Illumina Accelerator collaborate to aid genomics startups https://medcitynews.com/2017/08/helix-illumina-accelerator/ https://medcitynews.com/2017/08/helix-illumina-accelerator/#respond Mon, 21 Aug 2017 19:54:48 +0000 https://medcitynews.com/?p=431636 dna, genomics

Helix and Illumina Accelerator have paired up and will give entrepreneurs the chance to develop innovative, DNA-driven products geared toward consumers.

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Grail’s high profile CEO steps down after 18-month tenure https://medcitynews.com/2017/08/grails-high-profile-ceo-steps-18-month-tenure/ https://medcitynews.com/2017/08/grails-high-profile-ceo-steps-18-month-tenure/#comments Thu, 03 Aug 2017 03:55:40 +0000 https://medcitynews.com/?p=430300

Illumina spin-out Grail revealed Wednesday that Jeff Huber is stepping down as CEO of the billion-dollar early cancer detection startup.

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Grail initiates massive multicenter breast cancer study https://medcitynews.com/2017/04/grail-120000-participant-breast-cancer-study/ https://medcitynews.com/2017/04/grail-120000-participant-breast-cancer-study/#respond Thu, 20 Apr 2017 19:34:18 +0000 https://medcitynews.com/?p=421300

The results of the study will serve as a baseline measure for detecting breast cancer in the blood and inform the development of Grail’s pan-cancer screening test.

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Behind Grail, Illumina’s billion-dollar diagnostics startup https://medcitynews.com/2017/03/behind-grail-illumina-startup/ https://medcitynews.com/2017/03/behind-grail-illumina-startup/#respond Wed, 08 Mar 2017 22:48:51 +0000 https://medcitynews.com/?p=399119

With a billion dollars in private financing and a test projected to generate a terabyte of data per person, Grail has seeded a new category of diagnostics and Big Data. Despite this, the company story shared by CEO Jeff Huber is mostly about people.

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Philips gets FDA clearance for inpatient continuous monitoring system https://medcitynews.com/2017/02/philips-fda-continuous-monitoring/ https://medcitynews.com/2017/02/philips-fda-continuous-monitoring/#respond Tue, 21 Feb 2017 02:29:01 +0000 https://medcitynews.com/?p=397844

This was but one of several pieces of news the Amsterdam-based technology company discussed Monday at HIMSS17.

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5 snippets from Illumina’s latest earnings call https://medcitynews.com/2017/02/5-snippets-from-illuminas-earnings-call/ https://medcitynews.com/2017/02/5-snippets-from-illuminas-earnings-call/#respond Wed, 01 Feb 2017 20:19:29 +0000 https://medcitynews.com/?p=396343 dna, genomics

The leader of the sequencing world is ticking over nicely with sales and revenue, according to Tuesday’s earnings call. But what’s happening behind the scenes? Here we take a look at five trends shaping the future of the company.

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Bio-Rad acquires RainDance, partners with Illumina for single-cell analysis https://medcitynews.com/2017/01/bio-rad-acquires-raindance-partners-illumina/ https://medcitynews.com/2017/01/bio-rad-acquires-raindance-partners-illumina/#respond Tue, 17 Jan 2017 22:10:09 +0000 https://medcitynews.com/?p=394963

Bio-Rad Laboratories has had a busy few weeks, launching a single-cell sequencing system with Illumina and acquiring a major competitor in the digital PCR space, RainDance Technologies. The activity positions the research tools provider for several trends on the horizon, including liquid biopsy.

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