Bay Area cancer detection startup may do $500 million 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 Bay Area 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 Menlo Park company is led by former Google executive Jeff Huber, whose wife die d from advanced cancer three months before he took the job in February…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news