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| Illumina CFO Marc Stapley |
Illumina ($ILMN) is laying out plans for expansion, signing a 20-year lease on a 155,000-square-foot facility in Cambridge, England. The space will serve as the company's European headquarters and will also house a new scientific research center, providing Illumina with easy access to Cambridge's research hub. The genomics giant also sees potential to grow the facility, planning to expand the space by 70,000 square feet in the future. Illumina is developing its new HQ with BioMed Realty. "This new state-of-the-art European headquarters will provide enhanced collaboration opportunities for our growing employee base, which is so foundational to Illumina's innovation and success," Illumina CFO Marc Stapley said in a statement. Statement | More from FierceBiotech