<code id='7B7B6A36AA'></code><style id='7B7B6A36AA'></style>
    • <acronym id='7B7B6A36AA'></acronym>
      <center id='7B7B6A36AA'><center id='7B7B6A36AA'><tfoot id='7B7B6A36AA'></tfoot></center><abbr id='7B7B6A36AA'><dir id='7B7B6A36AA'><tfoot id='7B7B6A36AA'></tfoot><noframes id='7B7B6A36AA'>

    • <optgroup id='7B7B6A36AA'><strike id='7B7B6A36AA'><sup id='7B7B6A36AA'></sup></strike><code id='7B7B6A36AA'></code></optgroup>
        1. <b id='7B7B6A36AA'><label id='7B7B6A36AA'><select id='7B7B6A36AA'><dt id='7B7B6A36AA'><span id='7B7B6A36AA'></span></dt></select></label></b><u id='7B7B6A36AA'></u>
          <i id='7B7B6A36AA'><strike id='7B7B6A36AA'><tt id='7B7B6A36AA'><pre id='7B7B6A36AA'></pre></tt></strike></i>

          explore

          explore

          author:explore    Page View:185
          Adobe

          SAN DIEGO — After starting off the year with lower revenue projections than market analysts had hoped for, San Diego-based genomics giant Illumina lowered expectations again on Wednesday, forecasting annual growth of 1% compared to the previous year.

          The market’s response was swift. Minutes after the company issued its press release, shares in Illumina dipped from $184.49 to below $172 during after-hours trading.

          advertisement

          In its release, Illumina noted that it expects revenue from the company’s core business to be essentially the same this year compared to last, and that it expects revenue from Grail, the cancer diagnostics company that Illumina acquired for $8 billion in the fall of 2021, to remain in the range of $90 and $100 million.

          Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

          GET STARTED Log In

          explore

          Guidelines to prevent youth baseball injuries need more muscle
          Guidelines to prevent youth baseball injuries need more muscle

          Apitcheratthe2018LittleLeagueWorldSeries.RobCarr/GettyImages“Weallknowthatweareinthemiddleofanepidem

          read more
          NIH pilot for diverse cancer trials raised costs, didn't work
          NIH pilot for diverse cancer trials raised costs, didn't work

          AdobeGovernmentresearchershopedtoattractamorediversegroupofpatientsforclinicalresearchbypayingforthe

          read more
          Indiana Supreme Court upholds abortion ban, says state constitution gives only limited protections
          Indiana Supreme Court upholds abortion ban, says state constitution gives only limited protections

          FILE-Abortion-rightsprotestersfillIndianaStatehousecorridorsandcheeroutsidelegislativechambers,Frida

          read more

          Amazon expands telehealth clinic nationwide

          AlexHogan/STATYou’rereadingthewebeditionofSTATHealthTech,ourguidetohowtechistransformingthelifescien