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Lydia Bitsakou

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Illumina/GRAIL: EC Blocks Transaction Below EU and Referring Member State Merger Control Thresholds for the First Time

By Francisco Enrique González‑Díaz, Lydia Bitsakou, Nicholas Levy & Brian Cullen on September 15, 2022

In a landmark decision announced on September 6, 2022 (“Decision”), the European Commission (“EC”) prohibited the acquisition by Illumina, a U.S. company specialising in genomic sequencing, of GRAIL, a U.S.-based start-up developing early cancer-detection tests (“Transaction”).[1]

Posted in European Union, Life Sciences & Healthcare, Mergers & Acquisitions

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