Avantome was co-founded in 2008 by Mostafa Ronaghi, a co-inventor of the pyrosequencing technology. They were working on the development of a low cost, long read system based on pyrosequencing technology when they were acquired by Illumina in 2008 for $60M. Illumina purchased the technology to complement their sequencing portfolio and to form the basis for a new diagnostic platform. To date, Illumina has yet to release a new platform based on the Avantome technology.
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