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Illumina Stock Takes a Hit on Adverse Jury Decision

Shares in Illumina closed down 7.5 percent for the week ended Tuesday, due mostly to a jury’s finding earlier this week that the firm had infringed five Affymetrix patents (see related article). The company led all decliners in a down week for the BCW Index and US stocks, in general, which dropped sharply on Tuesday.
 
Cepheid led the nine stocks that gained ground for the five-day trading period, rising 6.1 percent for the week. Third Wave Technologies gained 4.5 percent for the week.
 
Overall, the Index fell 1.1 percent, matching the decline in the Dow Jones Industrial Average for the same period. The Nasdaq lost 1.4 percent for the week, and the Nasdaq Biotech Index dropped 1.9 percent.

 
BioCommerce Week Index of Diversified
Molecular Biology Tool Companies
Company
Ticker
Closing Price (March 13, 2007)
Starting Price Jan. (March 6, 2007)
% change
Affymetrix
AFFX
26.62
26.67
-0.19
Agilent
A
31.67
30.83
2.72
Applied Biosystems
ABI
28.55
29.86
-4.39
Beckman
BEC
64.98
64.39
0.92
Becton Dickinson
BDX
73.48
74.52
-1.40
Bio-Rad
BIO
67.67
70.62
-4.18
Bruker
BRKR
9.47
9.64
-1.76
Caliper
CALP
5.73
5.9
-2.88
Cepheid
CPHD
8.5
8.01
6.12
Illumina
ILMN
28.86
31.2
-7.50
Invitrogen
IVGN
61.01
62.42
-2.26
Luminex
LMNX
14.07
14.01
0.43
Millipore
MIL
70.1
72.03
-2.68
Molecular Devices
MDCC
35.38
35.25
0.37
PerkinElmer
PKI
23.19
23.17
0.09
Qiagen
QGEN
16.05
15.94
0.69
Sequenom
SQNM
4.05
4.1
-1.22
Sigma-Aldrich
SIAL
40.01
40.45
-1.09
Stratagene
STGN
8.4
8.5
-1.18
Thermo
TMO
44.94
44.83
0.25
Third Wave
TWTI
5.13
4.91
4.48
Waters
WAT
55.78
54.65
2.07
BCW Index Average
32.89
33.27
-1.13
The Scan

Gap in COVAX Doses

BBC News reports that COVAX is experiencing a vaccine shortfall, as the Serum Institute of India has paused exports.

Sanofi, GSK Report Promising Results

The Wall Street Journal reports that the candidate SARS-CoV-2 vaccine from Sanofi and GlaxoSmithKline has had encouraging early results.

Influence of Luck

The New York Times examines how the US avoided variant-fueled increases in COVID-19 cases.

PLOS Papers on Retina GWAS, Hantaan Virus, COVID-19 Phenome-Wide Association Study

In PLOS this week: genome-wide association study of retinal morphology, analysis of hantaan virus found in a mouse, and more.