Great history of Illumina. I ended up with some their shares, thankfully, after holding on to a beaten down dot.com bust era biotech named Lynx which I recall was absorbed into Solexa and then Illumina.
Great point about Ilumina being a category defining company. Plus, you make an argument for NGS being a scaling market.
Stock price today is essentially flat compared to Sept 2023 when article was written. Partly due to debacle of acquiring Grail for $8B and spinning it off for $500M. What is the inflection point that will drive value going forward? Is it simply that more and more NGS will be done and Ilumina is the dominant player in the market so revenues will scale?
Thanks for weaving together all these details into an interesting narrative about Illumina's rise!
Always been curious about this rise
A great write up about an incredible company!
Great history of Illumina. I ended up with some their shares, thankfully, after holding on to a beaten down dot.com bust era biotech named Lynx which I recall was absorbed into Solexa and then Illumina.
Thanks, Steve. Glad to hear that you got a piece of the action! 🧬
Great piece on history of Ilumina. Thank you.
Great point about Ilumina being a category defining company. Plus, you make an argument for NGS being a scaling market.
Stock price today is essentially flat compared to Sept 2023 when article was written. Partly due to debacle of acquiring Grail for $8B and spinning it off for $500M. What is the inflection point that will drive value going forward? Is it simply that more and more NGS will be done and Ilumina is the dominant player in the market so revenues will scale?