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ILLUMINA- MAINTAINING GROWTH
MOMENTUM IN A PLATEAUING GENOME
SEQUENCING MARKET
INTRODUCTION
• Illumina was founded in 1998 by David Walt, Larry Bock,
John Stuelpnagel, Anthony Czarnik & Mark Chee.
• Company was formed with an intention of developing
"Genome Sequencing" machines.
• In 1999 company hired Jay Flatley as the CEO of Illumina.
• In 2007 Illumina acquired Solexa Inc & Avantome in 2008.
Critical Facts
■ Illumina acquired Genologics Life science software
Inc., Myraqa,NextBio,Advanced Liquid
Logics,Verinata health, Bluegnome, Epicentre
Technologies Corporation.
■ Developed new and better software like HiSeq X Ten.
■ Global market leader under Flatley’s leadership.
■ Adopted strategy of acquiring technologically
advanced companies.
Problem
■ Stock price fell by 25% in mid 2015.
■ It complete saturated the market due to so many sales in previous
year.
■ It has Cannibalized themselves.
■ It was further analysis that It has adopted fast product cycle
“Illumina is a victim of its own success”.
■ It was hard time for customer to compete with those who have
HiseqX.
Plan of Action
■ Filed law suits against the competiors
■ Invested into RAnd D
■ Diversified itself to clinical vertical
■ Acquired various companies like blue gnome and
verinata Herix and grail
Conclusion
■ I think that the company should not move from its core competency of selling from B2B
to B2C as consumers market is difficult and it’s the buyers market.
■ The company should try and develop new uses for the product and stop trying to reduce
the cost of the product.
■ The company should also focus on the cancer market which a huge opportunity to
expand.
Case study

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Case study

  • 1. ILLUMINA- MAINTAINING GROWTH MOMENTUM IN A PLATEAUING GENOME SEQUENCING MARKET
  • 2. INTRODUCTION • Illumina was founded in 1998 by David Walt, Larry Bock, John Stuelpnagel, Anthony Czarnik & Mark Chee. • Company was formed with an intention of developing "Genome Sequencing" machines. • In 1999 company hired Jay Flatley as the CEO of Illumina. • In 2007 Illumina acquired Solexa Inc & Avantome in 2008.
  • 3. Critical Facts ■ Illumina acquired Genologics Life science software Inc., Myraqa,NextBio,Advanced Liquid Logics,Verinata health, Bluegnome, Epicentre Technologies Corporation. ■ Developed new and better software like HiSeq X Ten. ■ Global market leader under Flatley’s leadership. ■ Adopted strategy of acquiring technologically advanced companies.
  • 4. Problem ■ Stock price fell by 25% in mid 2015. ■ It complete saturated the market due to so many sales in previous year. ■ It has Cannibalized themselves. ■ It was further analysis that It has adopted fast product cycle “Illumina is a victim of its own success”. ■ It was hard time for customer to compete with those who have HiseqX.
  • 5. Plan of Action ■ Filed law suits against the competiors ■ Invested into RAnd D ■ Diversified itself to clinical vertical ■ Acquired various companies like blue gnome and verinata Herix and grail
  • 6. Conclusion ■ I think that the company should not move from its core competency of selling from B2B to B2C as consumers market is difficult and it’s the buyers market. ■ The company should try and develop new uses for the product and stop trying to reduce the cost of the product. ■ The company should also focus on the cancer market which a huge opportunity to expand.