China Lifts Export Ban on US DNA Sequencing Company Illumina
MT Newswires Live
Nov 06, 2025
China's Commerce Ministry lifted the export ban on U.S.-based DNA sequencing company Illumina effective Nov. 10, the company said in a statement Wednesday.
The ban has been in place since March 4, according to Illumina.
Despite the lifting of the ban, the company will stay on China's Unreliable Entity List, which requires them to seek government clearance for equipment and instrument purchases, Illumina said.
The development will not affect Illumina's bottom line for fiscal 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.