Illumina (ILMN) Says it's Committed to Pursuing GRAIL Acquisition
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FTC Challenges Illumina's (ILMN) Proposed Acquisition of Cancer Detection Test Maker Grail
March 30, 2021 2:58 PM EDT(Updated - March 30, 2021 3:03 PM EDT)
The Federal Trade Commission has filed an administrative complaint (a public version of which will be available and linked to this news release as soon as possible) and authorized a federal court lawsuit to block Illuminas (NASDAQ: ILMN) $7.1 billion proposed acquisition of Graila maker of a non-invasive, early detection liquid biopsy test that can screen for multiple types of cancer in asymptomatic patients at very early stages using DNA sequencing. Illumina is the only provider of DNA sequencing that is a viable option for these... More
