Illumina says it will divest Grail, starting a closing chapter for a disastrous deal
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Illumina, the leading maker of DNA sequencing machines, said Sunday that it would divest Grail, the developer of a multi-cancer screening test, which it bought over the objections of regulators in the U.S. and Europe in August 2021.
Illumina said the decision to spin Grail off followed a Friday decision of the U.S. Fifth Circuit Court of Appeals, which held that the merger…
This story from statnews.com was posted on 2023-12-18 by @alpinec.