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The genetic-testing company hit a buzz saw when it downgraded its 2019 earnings forecast earlier this year following a slowdown in the consumer market. But the fact remains that Illumina’s platforms dominate the genomic sequencing space (its technology has helped slash the cost of whole genomic sequencing to mere thousands of dollars while considerably speeding up the process).The $44 billion company has “demonstrated an uncanny ability to out-innovate and extend its competitive lead,” according to J.P. Morgan.

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Company Information

Overall Score1.6
Sector
Health Care
Industry
Life Sciences Tools and Services
CEO
Francis deSouza
Websitehttps://www.illumina.com
HQ Location
San Diego
Country-
Revenues ($M) (Past 12 Months)$3,404
Profits ($M) (Past 12 Months)$938
Market Value as of Oct. 9, 2019 ($M)$43,653
Employees7,300

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