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Illumina Remains Committed To Grail Merger Despite Regulators' Doubts

 
• By Reed Miller

Illumina insists its proposed $8bn acquisition of Grail, the developer of the Galleri multi-cancer test, would be “pro-competitive.” But antitrust regulators in the US government and European Commission suspect the deal would reduce competition and innovation in the future genomic diagnostics market.

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Illumina, Inc.'s proposed acquisition of Grail Inc. faces intense regulatory scrutiny in Europe and the US but, the companies are still planning to complete the $8bn deal by the end of the year.

Illumina announced plans to Grail for about $8bn in September 2020. Illumina originally spun-off Grail in 2016, but Illumina now wants to reacquire the Silicon Valley company to add Grail’s...

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