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GRAIL is a healthcare company focused on early cancer detection through its multi-cancer early detection (MCED) blood test, Galleri. The company utilizes next-generation sequencing, population-scale clinical studies, and advanced data science to identify cancer signals across more than 50 cancer types from a single blood draw. Originally founded in 2015 as a venture backed by Illumina, GRAIL operated as a subsidiary before being spun out as an independent public company in June 2024. The company is currently in a commercial-stage phase, marketing Galleri as a laboratory-developed test while actively pursuing formal FDA premarket approval to expand clinical adoption and reimbursement.
CLASSIFICATION
Company Type:Diagnostics
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Oncology diagnostics
SIZE & FINANCIALS
Employees:501-1000
Revenue:$156M
Founded:2015
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Investors:Illumina
STOCK
Exchange:NASDAQ
Ticker:GRAL
Market Cap:$2.96B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (Galleri test)
Modalities:Diagnostics
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Key Partnerships:NHS England (NHS-Galleri Trial)
COMPETITION
Position:Leader
LEADERSHIP
Key Executives:
Bob Ragusa - CEO
Scientific Founders:Richard Klausner
LINKS
Website:grailbio.com
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