Illumina (ILMN) Buys Fluent, Grows in Single Cell Research
ILMNIllumina(ILMN) ZACKS·2024-07-10 23:55

Illumina, Inc. (ILMN) recently acquired Fluent BioSciences, a developer of innovative single-cell technology. This strategic acquisition marks a significant step in Illumina's expansion within the single-cell research domain, aligning with the company’s broader multiomics growth strategy.The acquisition was completed on Jul 9 and funded with cash on hand. However, other financial terms of the deal were not disclosed.Enhancing Single-Cell Research CapabilitiesFluent BioSciences has developed a highly differe ...