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Concentra to acquire Elevation Oncology, shut it down

PUBLIC · CONJun 20, 2025

Acquiring Company

Concentra Group Holdings Parent

Acquired Company

Elevation Oncology

AddisonBostonBiotechnologyHealth CareMedicalBiotechnologyHealthcareHealth CareMedicalGeneticsTherapeutics

Description

Concentra has announced plans to acquire Elevation Oncology as part of its strategy targeting struggling biotech firms. The acquisition will lead to Elevation Oncology's shutdown, consistent with Concentra's approach to dealing with underperforming entities. This move continues Concentra's trend of consolidating resources within the biotech sector. Tang Capital Partners, which controls Concentra, has a history of similar acquisitions.

Quick answer

Concentra Group Holdings Parent is acquiring Elevation Oncology, announced June 20, 2025. Concentra Group Holdings Parent is based in Addison, Texas, United States.

How much did Concentra Group Holdings Parent pay for Elevation Oncology?
The deal value was not disclosed.
What does Concentra Group Holdings Parent do?
Concentra Group Holdings Parent, Inc. is the nation’s largest provider of occupational health services, dedicated to delivering superior outcomes and exceptional experiences to patients and customers.
Where are Concentra Group Holdings Parent and Elevation Oncology based?
Concentra Group Holdings Parent is based in Addison, Texas, United States. Elevation Oncology is based in Boston, Massachusetts, United States.
Who are the decision-makers at Concentra Group Holdings Parent?
Fundz holds 5 contacts at Concentra Group Holdings Parent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Concentra Group Holdings Parent

Location

Addison, Texas, United States

About

Concentra Group Holdings Parent, Inc. is the nation’s largest provider of occupational health services, dedicated to delivering superior outcomes and exceptional experiences to patients and customers. As the company continues to expand, its focus remains on providing innovative solutions that improve clinical and cost outcomes for customers and patients.

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Frequently asked

Who acquired Elevation Oncology?

Elevation Oncology was acquired by Concentra Group Holdings Parent, based in Addison. The deal was reported on June 20, 2025. Concentra Group Holdings Parent, Inc. is the nation’s largest provider of occupational health services, dedicated to delivering superior outcomes and exceptional experiences to patients and customers. Concentra Group Holdings Parent is publicly traded (CON) and operates in Biotechnology.

When did Concentra Group Holdings Parent acquire Elevation Oncology?

Concentra Group Holdings Parent's acquisition of Elevation Oncology was reported on June 20, 2025. Concentra has announced plans to acquire Elevation Oncology as part of its strategy targeting struggling biotech firms. The acquisition will lead to Elevation Oncology's shutdown, consistent with Concentra's approach to dealing with underperforming entities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Elevation Oncology do?

Elevation Oncology is founded on the belief that every patient living with cancer deserves to know what is driving the growth of their disease and have access to therapeutics that can stop it. It is privately held, operating in Biotechnology, and is based in Boston.

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