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BRIEF-Grail plans to raise in excess of $1 bln in Series B funding
January 5, 2017 / 9:16 PM / a year ago

BRIEF-Grail plans to raise in excess of $1 bln in Series B funding

Jan 5 (Reuters) - Illumina Inc

* Grail plans to raise in excess of $1 bln in Series B funding

* Grail intends to raise additional capital in Series B financing from other investors

* Illumina - Grail will use proceeds from Series B funding for continued development and validation of their blood-based test for cancer screening

* Grail will also use proceeds from Series B funding to repurchase a portion of Illumina’s stake Source text for Eikon: Further company coverage:

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