Grail spinoff by Illumina should end disastrous merger attempt STAT STAT Makemetechie.com Summary

Grail spinoff by Illumina should end disastrous merger attempt STAT STAT | Makemetechie.com Summary

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Illumina, a storied name that had delivered investors strong returns over two decades, spun out Grail in 2016 in order to raise money to fund the company’s work..
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Then, it announced plans to re-acquire the firm for $7.1 billion in Sept. 2020..

Illumina, the leading maker of DNA sequencing machines, said Sunday that it would divest Grail, the developer of a multicancer screening test, which it bought over the objections of regulators in th [+900 chars]

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