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Managing Partner - The Deerborne Group | Management Consulting | “We help clients identify opportunities, minimize risks, and navigate difficult management challenges."

Grail, a company specializing in liquid biopsy for cancer detection, is set to debut on Nasdaq amid significant challenges. CEO Bob Ragusa believes their test, Galleri, will revolutionize cancer screening when integrated into standard care. Grail's journey includes being spun out from Illumina in 2015, a failed acquisition by Illumina in 2020 due to regulatory hurdles, and subsequent re-emergence. Despite annual losses of approximately $500 million, Grail plans to seek full U.S. approval for Galleri by 2026, funded for the near future by Illumina. Click here to read more: https://bit.ly/3KWrWBZ #liquidbiopsy #nextgenerationsequencing #nasdaq #venturecapital #privateequity #deerbornedifference

Grail, aiming to launch a blood test for cancer, faces host of challenges as it debuts on Nasdaq

Grail, aiming to launch a blood test for cancer, faces host of challenges as it debuts on Nasdaq

https://www.statnews.com

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