Illumina Inc (NAS:ILMN)

$ 114.29 -0.72 (-0.63%) Market Cap: 18.21 Bil Enterprise Value: 19.47 Bil PE Ratio: 0 PB Ratio: 3.17 GF Score: 81/100

Illumina Inc at Cowen Liquid Biopsy Summit (Virtual) Transcript

Sep 24, 2020 / 04:30PM GMT

Release Date Price: $286.31 (+4.88%)

Transcript

Doug Schenkel

Cowen and Company, LLC, Research Division - MD & Senior Research Analyst

All right. Good afternoon, everyone. It's my pleasure to welcome Francis deSouza, the Chief Executive Officer of Illumina, to Cowen's Liquid Biopsy Summit. We also, from the company, have Alex Aravanis, the company's Chief Technology Officer.

As it turns out, I wish I could say I planned this, but this has turned out to be a very timely meeting to set up a time to talk to Illumina, given their announcement on Monday that the company plans to acquire GRAIL at a valuation of about $8 billion. So we're going to move away from the format that we use most of the day and just have a 30-minute discussion with Francis. And Alex, he'll chime in, of course, on some of the technical questions to the extent that we have them. So thanks to both of you for being here.

Francis, before I get into it, I think you probably need to read a safe harbor. So I would do that for you if I had it, but if you want to -- if that's something we need to do, why don't we get that out of the way, and then we'll get into the

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