Illumina headquarters in San Diego. (Credit: JHVEPhoto/AdobeStock) European Commission Continues Battle Against Illumina, Orders It to Sell Cancer-Test Developer Grail
Illumina has filed an appeal at the Court of Justice, the EU's top court, over the decision that gave the EU authority to review the merger. Illumina is being advised by Cleary Gottlieb Steen & Hamilton; Grail by Latham & Watkins.
October 15, 2023 at 04:01 PM
5 minute read
Antitrust
In the latest development in a two-year, high-stakes legal battle, the European Commission has ordered U.S. biotech company Illumina to sell a startup it acquired in 2021 while EU antitrust officials were still scrutinizing the $8 billion deal over competition concerns.
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