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Access Genetics dba OralDNA® Labs acquires Breakthrough Point-of-Care Rapid PCR Technology from Sensible Diagnostics Inc.

Oct 22, 2024•about 1 year ago

Acquiring Company

OralDNA® Labs

Acquired Company

Sensible Diagnostics

Eden PrairieSan DimasBiotechnologyHealth CareHealth DiagnosticsBiotechnologyHealth Care

Description

Access Genetics dba OralDNA® Labs proudly announces the acquisition of Sensible Diagnostics Inc., and the assets of their patent-pending real-time quantitative PCR testing platform. With this acquisition, Access Genetics dba OralDNA® Labs aims to commercialize a new standard in point-of-care molecular diagnostics, offering speed and affordability, reinforcing their commitment to innovation in healthcare diagnostics.

Company Information

Company

OralDNA® Labs

Location

Eden Prairie, Minnesota, United States

About

Access Genetics dba OralDNA® Labs is a leader in salivary diagnostics, offering a comprehensive menu of infectious and human genetic markers. With over 24 years of expertise and a commitment to exceptional customer service, Access Genetics and OralDNA® stand out as leaders in the industry.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed