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ILMN Illumina Inc

123.00
-1.73 (-1.39%)
01 May 2024 - Closed
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Share Name Share Symbol Market Type
Illumina Inc NASDAQ:ILMN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.73 -1.39% 123.00 120.60 125.79 125.35 122.105 122.57 1,135,538 01:00:00

Burning Rock and Illumina Collaborate on Molecular Diagnostics for Oncology

25/08/2015 2:00am

Business Wire


Illumina (NASDAQ:ILMN)
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Burning Rock and Illumina, Inc. (NASDAQ: ILMN) today announced they have entered into an agreement whereby Burning Rock will develop advanced clinical applications for molecular diagnostics in oncology based on Illumina’s next-generation sequencing (NGS) technology. The collaboration highlights the ever-increasing importance of genomics to improve healthcare in China.

In recent years, NGS has evolved rapidly and is widely regarded as an essential technology for enabling precision medicine. The collaboration between Burning Rock and Illumina will focus on providing the most advanced and integrated sequencing solutions to the clinical market by combining Illumina sequencing technology with Burning Rock’s advanced clinical application development capabilities. In particular, the two companies will work together to develop a user-friendly, oncology molecular diagnostic kit for the Chinese market. As part of the agreement, Burning Rock will provide its nucleic acid extraction, library preparation, and data analysis software, while Illumina will provide NGS instrument components and related reagents.

“We have been working to promote the clinical application of genomic technology in China. Oncology molecular diagnosis based on NGS, including non-invasive testing, is being applied in the clinic and we hope to promote it as a standard practice in hospitals. As the leader in oncology molecular diagnosis, Burning Rock is now very pleased to partner with Illumina, the global leader in sequencing and array-based technologies. Cooperation between our two companies will provide additional high-quality molecular diagnostic solutions in the clinical field of oncology,” said Yusheng Han, the Founder and Chief Executive Officer of Burning Rock.

“Illumina is very excited to collaborate with Burning Rock to increase access to oncology diagnosis solutions in China,” said Dr. Rick Klausner, Senior Vice President and Chief Medical Officer of Illumina. “We are committed to partnering with Chinese companies who share our vision of improving human health by unlocking the power of the genome.”

About Burning Rock

Burning Rock is headquartered in Guangzhou, China, and is a diagnostics company committed to the field of molecular testing to improve oncology patients’ individualized treatment guidance. It offers research and commercialized clinical laboratory services mainly through bioinformatics on NGS platforms. Burning Rock has a state-of-art molecular and pathological examination platform, containing NGS, qPCR, IHC, FISH and digital pathology. In oncology molecular testing, Burning Rock has developed a series of testing solutions. To learn more, visit www.brbiotech.com.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as the global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. To learn more, visit www.illumina.com and follow @illumina.

Forward-Looking Statements

This release may contain forward-looking statements that involve risks and uncertainties. Important factors that could cause actual results to differ materially from those in any forward-looking statements are detailed in Illumina’s filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We do not intend to update any forward-looking statements after the date of this release.

Burning RockMedia:Bin Wei, +86-20-34037871, ext. 858Bin.wei@brbiotech.comorIllumina, Inc.Investors:Rebecca Chambers, 858-255-5243rchambers@illumina.comorMedia:Jennifer Temple, 858-882-6822pr@illumina.com

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