Skip to main content
Premium Trial:

Request an Annual Quote

R&D Surge Widens Illumina s Q4 Net Loss; Revenue Inches Ahead

NEW YORK, Feb. 1 - Illumina on Friday said that a significant increase in R&D spending caused it to post widened net losses in the fourth quarter of 2001.


Losses in the period ended Dec. 31 were $8.2 million, or $0.27 per share, compared with $4.6 million, or $0.16 per share in the year-ago quarter, the company said.


Although revenue in the period increased to $761,000 from $485,000 year over year, R&D spending ballooned to $6.1 million from $3.8 million one year ago.


Illumina, based in San Diego, said it had roughly $94 million in the bank at the end of 2001.

The Scan

Enzyme Involved in Lipid Metabolism Linked to Mutational Signatures

In Nature Genetics, a Wellcome Sanger Institute-led team found that APOBEC1 may contribute to the development of the SBS2 and SBS13 mutational signatures in the small intestine.

Family Genetic Risk Score Linked to Diagnostic Trajectory in Psychiatric Disorders

Researchers in JAMA Psychiatry find ties between high or low family genetic risk scores and diagnostic stability or change in four major psychiatric disorders over time.

Study Questions Existence of Fetal Microbiome

A study appearing in Nature this week suggests that the reported fetal microbiome might be the result of sample contamination.

Fruit Fly Study Explores Gut Microbiome Effects on Circadian Rhythm

With gut microbiome and gene expression experiments, researchers in PNAS see signs that the microbiome contributes to circadian rhythm synchronicity and stability in fruit flies.