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Illumina to buy SomaLogic in deal worth up to $425M – RamaOnHealthcare
Illumina expects that adding SomaLogic will aid its “multiomics” business strategy and strengthen the value of its gene sequencing products.Illumina on Monday said it agreed to acquire SomaLogic and other assets from Standard BioTools for $350 million in cash to expand in the proteomics market.The deal includes additional near-term payments of up to $75 million [...]
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