US authorities launch investigation into Illumina-Grail deal

The US Securities and Exchange Commission has launched an investigation into Illumina’s billion-dollar acquisition of biotech company Grail.

Photo: Mike Blake/Reuters/Ritzau Scanpix

by ALBERT RØNNING-ANDERSSON

The controversy over a merger between diagnostics company Illumina and cancer test developer Grail in a USD 7.1bn deal continues.

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EU blocks Illumina acquisition of Grail
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US senator calls for increased scrutiny of Big Pharma acquisitions
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Amgen and Horizon clap back at US watchdog: "Speculation on speculation”
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