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Home » FTC throws up antitrust hurdle to Illumina’s planned acquisition of Grail
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FTC throws up antitrust hurdle to Illumina’s planned acquisition of Grail

March 31, 2021
By Meg Bryant
The Federal Trade Commission (FTC) is seeking to block Illumina Inc.’s $7.1 billion purchase of Grail Inc., claiming the deal will “diminish innovation in the U.S. market” for multicancer early detection (MCED) tests, which could be used to flag dozens of tumor types when they are still treatable. Illumina has vowed to “pursue all legal options” to complete its acquisition of Grail, arguing that it does not compete with Grail and is committed to providing “unfettered access” to its NGS technology.
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