Illumina wins case against U.S. FTC on Grail purchase – WSJ


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A judge has ruled in favor of Illumina Inc in its acquisition of Grail Inc dealing a blow to the U.S. Federal Trade Commission’s efforts to unwind the multi-billion-dollar deal, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The FTC had sought to stop Illumina’s $7.1 billion proposed acquisition of cancer detection test maker Grail, alleging it would harm innovation and boost prices.

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Illumina and Grail did not immediately respond to Reuters requests for comment. (Reporting by Mrinalika Roy in Bengaluru; Editing by Shounak Dasgupta)


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