M&A  June 23, 2025

Illumina buying Boulder’s SomaLogic for $350M+

Less than two years after Boulder-based biotech firm SomaLogic Inc. merged with Standard BioTools Inc. (Nasdaq: LAB), Illumina Inc. (NASDAQ: ILMN) has inked a deal to absorb SomaLogic’s business in an acquisition worth as much as $425 million. 

A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.

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