US FTC Asks For More Information Regarding Roche’s Illumina Takeover Bid
The U.S. Federal Trade Commission (FTC) has asked Swiss pharmaceutical company, Roche, for more information concerning the $5.7 billion hostile takeover proposal for diagnostics company Illumina Inc. Illumina, which is based in San Diego, makes systems that analyse an individual’s DNA. Â It is expected that future breakthroughs will use the information to modify treatments in