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Illumina concedes, plans to divest unholy Grail

After years of battling to retain its hold on Grail Inc., Illumina Inc. finally announced that it will be unwinding the ill-fated acquisition of the multi-cancer early detection test maker. In addition to stiff opposition from activist investor Carl Icahn that cost Illumina’s previous CEO and board chair their positions, European and U.S. regulators have consistently opposed the deal. ....

Carl Icahn , Illumina Inc , Grail Inc , European Commission , European Court Of Justice , Mergers And Acquisitions , M Amp As , Grail Inc , Illumina Inc , Multi Cancer Early Detection ,

#VisualAbstract: Multicancer early detection blood tests show promise but warrant further clinical evaluation

1. One-third of patients with a cancer signal were correctly diagnosed to have cancer. 2. Patients in the true-positive group underwent more procedures and surgeries compared to those in the false-positive group. Evidence Rating Level: 2 (Good) Study Rundown: Cancer is a leading cause of death worldwide with nearly two million new cases expected to be diagnosed ....

Minute Medicine Inc , Rating Level , Colonoscopy Screening , Colorectal Cancer , Between Dec , Cancer Screening , Circulating Tumor Dna Ctdna , Multicancer Early Detection , Multicare Early Detection Mced ,