Illumina to acquire Pacific Biosciences for approximately USD 1.2 billion, accelerating genomic discovery

Posted by MarketsandMarkets on Dec 6, 2018 11:39:21 AM

Illumina is expected to acquire Pacific Biosciences (PacBio) for approximately USD 1.2 billion (at a rate of USD 8 per share). This will combine Illumina’s short-read technologies with PacBio’s long-read sequencing technologies to address complex genomic applications and accelerate genomic discovery in a cost-effective manner.

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Topics: Biotechnology

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