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by new299 2765 days ago
Illumina’s margins on consumables are very high:

http://41j.com/blog/2018/11/illumina-consumables-are-90-prof...

Their overall gross margin is >60%. I suspect that instrument margins are actually also quite high, but they factor in R&D spending on instrument costs.

However, Dante labs appear to be using BGI, not Illumina for sequencing.