Illumina, BGI Group Units Settle US Suits on DNA-Sequencing Tech

July 15, 2022, 4:09 PM UTC

Illumina Inc. will pay $325 million to settle all US litigation with BGI Group’s MGI Tech. Co. and its Complete Genomics Inc. unit, the companies said, ending part of a global dispute over competing technologies for genetic sequencing.

Each party agreed to drop any challenges to recent judgments in the US District Courts for the Northern District of California and the District of Delaware, MGI said Thursday in a statement. Illumina’s net payment reflects damages awarded to each party in those judgments. The rivals also will drop their pending antitrust dispute in California.

A Wilmington jury in May told ...

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