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Stock impact report

China's BGI gets Australian foothold through mass coronavirus test delivery [Reuters (UK)]

Illumina, Inc. (ILMN) 
Last illumina, inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Reuters
China's BGI gets Australian foothold through mass coronavirus test delivery - Reuters 5 Min Read SYDNEY (Reuters) - Australia says its purchase of 10 million coronavirus test kits from Chinese genomics company BGI will not risk patient privacy, as researchers hope for greater price competition in a biotech market dominated by a U.S rival. The deal was struck even as relations between Australia and China have been strained by Australia’s call for a global enquiry into the coronavirus outbreak, which China has framed as a U.S.-led attempt to blame it for the pandemic. BGI – Beijing Genomics Institute - has grown into one of the world’s largest genomics companies in the two decades since it worked on the Human Genome Project. It has one lab in Australia and had been seeking to expand its genome sequencing services. BGI, whose BGI Genomics Co ( 300676.SZ ) is listed on the Shenzhen stock exchange, was named as having “evident links” to the Chinese government in a U.S. Trade Office repor Show less Read more
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