
How a big biotech’s start-up gamble went wrong
Behind the Money
Illumina CEO Francis DeSouza Steps Down
Illumina CEO Francis DeSouza has officially stepped down. That follows pressure from Carl Icahn to remove himself from the position after his push to acquire healthcare company Grille. Most analysts expect that Illumina will now move more quickly to either spin off Grille, or at least announce a plan for doing so.
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