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Helix is a bet by Kao's former employer, the buyout firm Warburg Pincus, and Illumina, the leading manufacturer of ultrafast DNA sequencing machines, that what's been missing is the right business model.
26 January 2012 - The board of US DNA sequencing technology specialist Illumina Inc (NASDAQ:ILMN) announced on Thursday a rights agreement, or poison pill, in response to the USD44.
District Judge William Alsup of the Northern District of California granted Illuminas motion for a preliminary injunction barring rival Qiagen from selling its competing DNA sequencer, the GeneReader NGS system, in the United States until the litigation is resolved.
Since 2009 the SNP&Seq Technology Platform has performed medium scale genotyping of 48-384 SNP markers using Illuminas GoldenGateAssay on the VeraCode Technology.
Illumina hopes to spin-out the company: Grail (9), whose mission is to create a blood screen which enables early cancer detection in asymptomatic individuals (10).