Illumina (ILMN) Optics for Genomics Message Board

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Biotech / Medical : Illumina (ILMN) Optics for Genomics

ILMN 122.42

+4.7%

Nov 5 3:59 PM EST

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To: dalroi who wrote (75)	12/19/2003 9:21:14 PM
From: mopgcw	Read Replies (1) of 276

San Diego Court Directs Illumina Dispute With Applera to Arbitration Friday December 19, 5:13 pm ET SAN DIEGO--(BUSINESS WIRE)--Dec. 19, 2003--Illumina, Inc. (Nasdaq: ILMN - News) announced today that, in Illumina's case brought against Applera Corporation for breach of a November 1999 joint development agreement between Illumina and Applera's Applied Biosystems Group, a San Diego Superior Court has directed Illumina and Applera to resolve their contract dispute in an arbitration procedure. Illumina (www.illumina.com) is developing next-generation tools for the large-scale analysis of genetic variation and function. The Company's proprietary BeadArray technology -- now used in leading genomics centers around the world -- provides the throughput, cost effectiveness and flexibility necessary to enable researchers in the life sciences and pharmaceutical industries to perform the billions of tests necessary to extract medically valuable information from advances in genomics and proteomics. This information will help pave the way to personalized medicine by correlating genetic variation and gene function with particular disease states, enhancing drug discovery, allowing diseases to be detected earlier and more specifically, and permitting better choices of drugs for individual patients.

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