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BioWorld - Tuesday, May 19, 2026
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Home » EU orders Illumina to sell Grail or face further fines
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EU orders Illumina to sell Grail or face further fines

Oct. 12, 2023
By Shani Alexander
The European Commission (EC) has ordered Illumina Inc. to sell Grail Inc. after it closed the acquisition without approval from EU regulators. The EC said that if Illumina fails to comply with the order, the company faces fines of up to 5% of its daily aggregate revenue or up to 10% of its annual worldwide revenue.
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