Illumina Reports $1.47B ‘Goodwill’ Impairment Charge After Grail Spinoff

Illumina Reports $1.47B ‘Goodwill’ Impairment Charge After Grail Spinoff

Source: 
BioSpace
snippet: 

Sequencing giant Illumina on Thursday announced that it will take a $1.47 billion hit in the second quarter of 2024 related to the recently completed spinoff of cancer testing company Grail.