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Standard BioTools completed the sale of SomaLogic to Illumina for $350 million upfront, plus up to $75 million in earnouts and royalties. The transaction enhances the company's financial position, with $550 million in cash to fuel M&A growth. CEO Michael Egholm highlighted the strategic transformation and strengthened financial standing. The deal includes IP licenses and royalty streams, positioning the company for future expansion.
01-30 14:09
Standard BioTools Inc. reported preliminary, unaudited 2025 revenue of approximately $185 million for the combined company and $85 million from continuing operations, exceeding expectations. CEO Michael Egholm highlighted steady execution, cost optimization, and a focus on profitability amid macro challenges. The company expects to close the sale of SomaLogic to Illumina in the first half of 2026, resulting in $550 million in cash and a stronger ...
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KeyBanc Capital Markets initiated coverage on Standard BioTools Inc (NASDAQ: LAB) with an Overweight rating and a
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北京时间2022年07月08日00时01分,Standard Biotools Inc(LAB.us)股票出现异动,股价快速拉升5.03%。截至发稿,该股报1...
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