Software Configuration Error at Grail Causes Cancer Misdiagnosis Scare; Could It Impact Illumina's Acquisition Plans?
Portfolio Pulse from Vandana Singh
Grail Inc, a subsidiary of Illumina Inc (NASDAQ:ILMN), mistakenly sent form letters to 400 patients suggesting they may have developed cancer due to a software configuration error. The incident has led to MassMutual pausing its pilot and Principal reviewing its relationship with Grail.
June 05, 2023 | 11:47 am
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Illumina's acquisition of Grail is in jeopardy as Grail mistakenly sent cancer misdiagnosis letters to 400 patients, leading to MassMutual pausing its pilot and Principal reviewing its relationship with Grail.
The software configuration error at Grail has led to a cancer misdiagnosis scare, which could negatively impact Illumina's acquisition plans. MassMutual has paused its pilot, and Principal is reviewing its relationship with Grail. This incident could lead to a loss of trust in Grail's products and services, potentially affecting Illumina's stock price in the short term.
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