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Did Illumina acquire SomaLogic?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

Yes, Illumina completed the acquisition of SomaLogic's specific assets—including SomaScan Assay Services, Authorized Sites, and KREX technology—from Standard BioTools for an upfront cash payment of 350 million dollars, alongside potential near-term earnout considerations. This strategic transaction was designed to expand Illumina's footprint into the rapidly growing proteomics and multi-omics market, allowing the company to combine its world-leading next-generation gene sequencing platforms with advanced protein analysis capabilities to serve biomedical researchers globally.

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