Menlo Park cancer detection startup may do $500M Hong Kong IPO

Cancer detection startup Grail Inc. is reportedly planning an IPO in Hong Kong later this year that could raise as much as $500 million. Bloomberg cited unnamed sources who said the Menlo Park company, whose investors include Microsoft Corp. founder Bill Gates and Amazon.com Inc. founder Jeff Bezos, is working with advisers on the proposed offering. The company is led by former Google executive Jeff Huber, whose wife died from ad vanced cancer three months before he took the job in February 2016. Grail said in…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news