Investment Summary

Illumina Invests In Terrapeutics

On September 14, 2022, Illumina invested in life science company Terrapeutics

Investment Highlights
  • This is Illumina’s 17th transaction in the Life Science sector.
  • This is Illumina’s 1st transaction in Israel.

Investment Summary

Date 2022-09-14
Target Terrapeutics
Sector Life Science
Investor(s) Illumina
Deal Type Stake Purchase

Target

Terrapeutics

Jerusalem, Israel
Terrapeutics is a drug discovery company that is tackling the most challenging undruggable drug targets by offering a new approach to discovering novel small therapeutic molecules from the soil, based on the intelligence of nature. Terrapeutics is based in Jerusalem, Israel.

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Investor(S) 1

Investor

Illumina

San Diego, California, United States

Category Company
Founded 1998
Sector Life Science
Employees10,590
Revenue 4.4B USD (2024)
DESCRIPTION
Entrance to Illumina's corporate headquarters in San Diego, California.
Entrance to Illumina's corporate headquarters in San Diego, California.

Illumina is a developer, manufacturer, and marketer of life science tools and integrated systems for the analysis of genetic variation and function. Illumina provides innovative sequencing and array-based solutions for genotyping, copy number variation analysis, methylation studies, gene expression profiling, and low-multiplex analysis of DNA, RNA, and protein. Illumina was formed in 1998 and is based in San Diego, California.


DEAL STATS #
Overall 28 of 30
Sector: Life Science M&A 17 of 19
Type: Stake Purchase M&A Deals 13 of 13
Country: Israel M&A 1 of 1
Year: 2022 M&A 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 Dama Health

London, United Kingdom

Dama Health is a women's health company that offers precision screening to identify the most suitable contraception type and formulation, empowering women, people assigned to females at birth, and clinicians to make personalized reproductive health decisions. Dama Health is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Verogen

San Diego, California, United States

Verogen is a developer, manufacturer, and sells forensic genomics products and services, including for next-generation sequencing. Verogen was formed in 2017 and is based in San Diego, California.

Sell $150M