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Diagnostics

Illumina to pay $8 billion to bring Grail back into fold

by Lisa M. Jarvis
September 26, 2020 | A version of this story appeared in Volume 98, Issue 37
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Most Popular in Analytical Chemistry

 

The gene-sequencing instrument firm Illumina will pay roughly $8 billion in cash and stock to buy Grail, a company working on technology for early detection of cancer. Grail was spun off from Illumina in 2016 and over the next 4 years raised more than $2 billion to develop a “liquid biopsy,” wherein cancer is detected at an early stage by sequencing DNA fractions from a simple blood sample. The diagnostic firm expects to launch Galleri, a multicancer test, in 2021. Clinical studies show a previous version of the test could spot 50 types of cancer.

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