Law 360

NOVEMBER 10, 2022

Biotechnology company Illumina Inc. told members of the Federal Trade Commission in a brief that the agency's in-house judge was right to reject the commission's challenge of its Grail Inc. acquisition, contending that the "lifesaving transaction" will revolutionize cancer screening.

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Law 360

APRIL 5, 2023

Federal Trade Commission's order for Illumina Inc. to unwind its reacquisition of Grail, but said he remains concerned about the biotech company's future under CEO Francis deSouza, calling for his "immediate" removal. Activist investor Carl Icahn said Wednesday he is "not surprised" by the U.S.

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Fordham Law News

NOVEMBER 18, 2022

In 2021, Illumina, Inc. Illumina”), a global genetic testing company, acquired GRAIL LLC (“Grail”), a healthcare start-up that develops early cancer detection tests based on sequencing technologies. [1] 1] Illumina formerly owned and has since retailed a minority interest in Grail. [2]

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Administrative Law Technology Healthcare Laws 52

Law 360

AUGUST 18, 2021

Illumina Inc. billion acquisition of Grail, a biotechnology company focused on early-detection cancer testing using DNA, even as the deal faces a legal challenge from the Federal Trade Commission and antitrust scrutiny in Europe. announced Wednesday that it completed its planned $7.1

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Conflict of Laws

OCTOBER 21, 2021

The Illumina/Grail merger illustrates this tendency. In March 2021, the FTC challenged the merger and filed an administrative complaint for a temporary restraining order to keep Illumina and Grail from closing the transaction. Specifically, the FTC avers that Illumina’s acquisition of Grail will “lessen competition in the U.S.

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Laws Court 52

The Fashion Law

SEPTEMBER 23, 2021

French resale company Vestiaire has raised 178 million euros ($209 million) in a September 22 venture round which included participation from two new investors, SoftBank Group Corp and Generation Investment Management, bringing its valuation to $1.7 To date, the company has raised $200.7 Rowe Price Associates, Inc.,

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Laws 97

The Fashion Law

DECEMBER 22, 2021

In yet another major step into the metaverse, NIKE, Inc. Prada revealed in June that it had partnered with fellow Italian fashion company Zegna Group to acquire a controlling stake in Italian cashmere producer Filati Biagioli Modesto in furtherance of a quest to “secure a domestic supply chain and luxury-goods manufacturing expertise.”

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Manufacturing Legal Legal Sports 81