Defective Sequencing Reagents to Cost Illumina up to $23M in 2009; Company Says Problem is Solved | GenomeWeb

By Julia Karow

This article was originally published Oct. 28.

Illumina reported last week that a defect in its paired-end sequencing reagent kits — along with stimulus funding-related order delays and a decline of whole-genome genotyping studies — caused a shortfall in its third-quarter revenues.

Revenues for the three months ended Sept. 30 totaled $158 million, $4 million less than what the company had forecast as a minimum, though they grew 5 percent over the same period in 2008.

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