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Fly News Breaks for February 9, 2016
ILMN
Feb 9, 2016 | 11:09 EDT
Dutch-based paper Het Financieele Dagblad is reporting that Illumina acquired Amsterdam-based early stage liquid biopsy company ThromboDx for EUR 70M on January 11, Piper Jaffray analyst William Quirk points out in a research note. The analyst believes the acquisition would augment GRAIL's early cancer screening options for Illumina. He has an Overweight rating on Illumina with a $215 price target.
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