Illumina Expands Genomics Capabilities In India With Opening Of Solutions Center
Portfolio Pulse from Happy Mohamed
Illumina Inc. (NASDAQ:ILMN) has announced the opening of a new office and state-of-the-art Illumina Solutions Center in Bengaluru, India. The expansion comes after 16 years of partnership with Premas Life Sciences in India. The new facility will help grow the genomics market in India, which is recognized as the most populous country in the world. Illumina has also supported initiatives to increase access to sequencing capability in India, including philanthropic funding with the Bill & Melinda Gates Foundation and the Rockefeller Foundation to support COVID-19 surveillance.
August 17, 2023 | 1:22 pm
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Illumina's expansion in India, a populous market, could potentially boost its revenues and market share in the genomics sector. The company's collaboration with local partners and international foundations could also enhance its corporate image.
Illumina's expansion in India, a country with a population of over 1.4 billion, presents a significant opportunity for growth in the genomics market. The company's collaborations with local partners and international foundations could also enhance its corporate image and potentially lead to increased revenues.
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