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EU Rejects Illumina Acquisition Of Grail

 
• By Hannah Daniel

The European Union’s antitrust commission blocked the re-acquisition of Grail by Illumina days after an FTC administrative law judge ruled in favor of the merger in the US.

• Source: Shutterstock

The European Union’s antitrust regulators have blocked a planned merger between genetic sequencing company Illumina, Inc. and cancer detection test manufacturer Grail, Inc.

The $7.1bn merger was rejected in Europe on 1 September, just days after the administrative law judge presiding over the US Federal Trade Commission said the companies could move forward...

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More from Policy & Regulation

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