Apple’s Phil Schiller named to the board of DNA sequencing corporation Illumina

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Illumina is one particular of the major providers when it will come to DNA sequencing. And today, the corporation is announcing that Apple’s Senior Vice President of All over the world Marketing Phil Schiller is joining the board of directors.

Irrespective of its questionable site design and style, the corporation has drastically brought down the price tag of DNA sequencing. It employed to charge around $one million in 2007. By 2013, it only charge $four,000.

“Phil’s observe record and worldwide experience in bringing earth-course products and solutions to industry will assist tutorial us as we carry on to create modern new answers for our clients,” Illumina president and CEO Francis deSouza explained in the announcement. “His eyesight, integrity and enthusiasm are completely aligned with Illumina’s core values.”

And just to give you a perception of scale, Illumina’s latest industry capitalization on the stock industry is around $24 billion. It turns out DNA sequencing can be a pretty rewarding market certainly.

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Apple’s Phil Schiller named to the board of DNA sequencing corporation Illumina
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