RE: Pyc20 Apr 2018 14:39
htTps://healthitanalytics.com/news/cancer-detection-company-gets-900m-from-pharma-vc-investors
"GRAIL, Inc., a precision medicine and life sciences company aiming to develop new very early detection techniques for cancer, has attracted more than $900 million in investment capital from some of the most well-known names in pharmaceutical sales and development.
Bristol-Myers Squibb, Celgene, Merck, and Johnson & Johnson Innovations have joined with other strategic investors, including Amazon�s Jeff Bezos and McKesson Ventures, to contribute hundreds of millions to the company�s financial future.
�We envision a global community that benefits from early-stage cancer detection where fewer individuals face the anguish of late-stage diagnosis and devastating outcomes,� said Jeff Huber, GRAIL�s Chief Executive Officer.
�I believe that GRAIL�s approach leveraging high-intensity sequencing, population-scale clinical studies, and state of the art computer science and data science is unparalleled in the field of cancer detection."