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Bull of the Day: Illumina (ILMN)
ZACKS· 2024-09-10 20:01
The market bounced back Monday after a rough week last week. We are not out of the woods yet as a huge CPI report looms on Wednesday. That sort of risk event has the power to rock financial markets. Investors looking for stocks to buy should look outside of the crowded names out there. Yes, there are opportunities outside of the Mag 7. One way to uncover these opportunities is by leaning on the Zacks Rank. Stocks with favorable Zacks Ranks have strong earnings trends which could spell profits in the future. ...
FDA Approves Illumina's TruSight Oncology Comprehensive Assay, Now Offered by PreCheck Health Services as "SolidTumorCheck+" -- A Breakthrough in Precision Oncology
Prnewswire· 2024-09-09 21:09
MIAMI, Sept. 9, 2024 /PRNewswire/ -- The FDA has granted approval on Illumina's TruSight Oncology Comprehensive Assay, marking a transformative milestone in cancer diagnostics. This innovative in vitro diagnostic (IVD) kit is the first of its kind, offering distributable comprehensive genomic profiling (CGP) with pan-cancer companion diagnostic claims. PreCheck Health Services is excited to introduce this test under the name SolidTumorCheck+, marking the beginning of a new phase in precision oncology and pa ...
European Court of Justice rules in favor of Illumina in jurisdictional appeal
Prnewswire· 2024-09-03 15:59
SAN DIEGO, Sept. 3, 2024 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, welcomes the European Court of Justice's (ECJ's) judgment today ruling that the European Commission did not have jurisdiction over Illumina's acquisition of GRAIL.Today's judgment confirms Illumina's longstanding view that the European Commission exceeded its authority by asserting jurisdiction over this merger. The basis for the 432 million euro fine has now been removed a ...
ILMN's TSO Comprehensive IVD Test Secures FDA Approval as CDx
ZACKS· 2024-08-29 02:00
Illumina, Inc. (ILMN) has secured the FDA’s approval for its in vitro diagnostic (IVD) TruSight Oncology (TSO) Comprehensive test and first two companion diagnostic (CDx) indications. The test analyses more than 500 genes to profile a patient's solid tumor, improving the chances of identifying an immuno-oncology or clinically actionable biomarkers that enable targeted therapy options or clinical trial enrollment.The latest development marks a long-awaited milestone for the company’s oncology customers and c ...
FDA approves Illumina cancer biomarker test with two companion diagnostics to rapidly match patients to targeted therapies
Prnewswire· 2024-08-27 21:15
"FDA approval for TruSight Oncology Comprehensive with accompanying companion diagnostics marks an awaited milestone for our oncology customers and community," said Everett Cunningham, chief commercial officer of Illumina. "We are committed to partnering with industry leaders like Bayer and Lilly to advance cancer diagnostics and help broaden access to precision oncology for more patients."A CDx test may identify whether a patient's tumor has a specific gene change or biomarker that can be targeted by a the ...
Is the Options Market Predicting a Spike in Illumina (ILMN) Stock?
ZACKS· 2024-08-27 00:20
Investors in Illumina, Inc. (ILMN) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $75 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...
Illumina Sees The Light: GRAIL Is Gone, Focus Restored (Rating Upgrade)
Seeking Alpha· 2024-08-21 10:34
da-kukIntroduction Illumina (NASDAQ:ILMN) has finally rid itself of GRAIL. My last look at the stock followed its 2023 financial report, wherein revenues and gross margins dropped and SG&A expenses climbed. The company also projected "approximately flat" revenues in 2024. This was in the context of a valuation that was rich. My recommendation was "sell," noting that the company's "premium valuation is not justified by its current performance or future prospects." Illumina stock is -1.68% since this upda ...
Illumina Looks Bullish (Technical Analysis)
Seeking Alpha· 2024-08-19 00:25
blackred Illumina, Inc. (NASDAQ:ILMN), the life sciences and tool company, is a company I’ve had my eye on for quite some time. I’ve never invested in this company before, and now might be the time to start a position. In this article, I will outline why I think it looks bullish. I will use technical analysis tools such as price action, volume, momentum, and relative strength to explain my reasoning. Chart 1 – ILMN Weekly with 30- Week Moving Average, Momentum, Volume, and Relative Strength StockCharts. ...
Illumina, Inc. (ILMN) Illumina 2024 Strategy Update Special Call
2024-08-14 07:49
会议主要讨论的核心内容 - Illumina公司CEO Jacob Thaysen介绍了公司的愿景和增长战略 [5][6][7] - 公司CTO Steve Barnard介绍了公司的创新路线图 [49][50][51][52] - 公司CFO Ankur Dhingra分享了公司的财务前景 [88][89][90] 问答环节重要的提问和回答 - 关于Illumina是否承诺2025年实现两位数EPS增长 [130][131][132][133][134][135][136][137] - 关于Illumina未来是否会继续降低测序成本 [138][139][140][141][142] - 关于Illumina未来新产品的定价策略 [143][144][145] - 关于Illumina 5-Base基因组和综合基因组测序技术的特点和优势 [146][147][148][149][150][151] - 关于Illumina如何平衡研究和临床客户的需求 [221][222][223][224][225][226][227][228][229][230][231] - 关于Illumina未来R&D投入的分配和预期 [237][238][239][240][241][242][243][244][245]
Illumina announces strategy to accelerate value creation
Prnewswire· 2024-08-13 23:00
-- Company poised to accelerate revenue growth into high single digits over next three years, enabled by core genomics portfolio -- Innovations to enable development of transformative applications using multiomics-- Illumina to offer higher quality insights to customers, helping them improve the overall end-to-end workflow experience and lower cost-- Delivering double digit to teens non-GAAP diluted earnings per share growth 2025-2027-- Illumina and the Broad Institute of MIT and Harvard announce new resear ...