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OraSure Technologies completes acquisition of Sherlock Biosciences, Inc. to expand its innovation pipeline in molecular testing market

PUBLIC · OSURDec 19, 2024

Acquiring Company

OraSure Technologies

Acquired Company

Sherlock Biosciences

BethlehemBostonBiotechnologyHealth CareMedicalHealth DiagnosticsBiotechnologyHealthcareData And AnalyticsHealth CareScience And Engineering

Description

OraSure Technologies, Inc. has announced the acquisition of Sherlock Biosciences, Inc. This strategic acquisition expands OraSure’s innovation pipeline with the addition of Sherlock’s molecular diagnostics platform, aiming to deliver lab-like accuracy in a format that expands access to diagnostic insights through convenient, effortless tests and further increases its presence in the $1.5B molecular testing market.

Quick answer

OraSure Technologies is acquiring Sherlock Biosciences, announced December 19, 2024. OraSure Technologies is based in Bethlehem, Pennsylvania, United States.

How much did OraSure Technologies pay for Sherlock Biosciences?
The deal value was not disclosed.
What does OraSure Technologies do?
OraSure Technologies (the “Company”) transforms health through actionable insight and powers the shift that connects people to healthcare wherever they are.
Where are OraSure Technologies and Sherlock Biosciences based?
OraSure Technologies is based in Bethlehem, Pennsylvania, United States. Sherlock Biosciences is based in Boston, Massachusetts, United States.
Who are the decision-makers at OraSure Technologies?
Fundz holds 1 contact at OraSure Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

OraSure Technologies

Location

Bethlehem, Pennsylvania, United States

About

OraSure Technologies (the “Company”) transforms health through actionable insight and powers the shift that connects people to healthcare wherever they are. The Company improves access, quality, and value of healthcare with innovation in effortless tests, sample management solutions, and services. OraSure, together with its wholly-owned subsidiaries, DNA Genotek, Diversigen, and Novosanis, provides its customers with end-to-end solutions that encompass diagnostics, tools, and services. The OraSure family of companies is a leader in the development, manufacture, and distribution of rapid diagnostic tests, sample collection and stabilization devices, and molecular services solutions designed to discover and detect critical medical conditions. OraSure’s portfolio of products is sold globally to clinical laboratories, hospitals, physician’s offices, clinics, public health and community-based organizations, research institutions, government agencies, pharmaceutical companies, commercial entities, and direct to consumers. For more information on OraSure Technologies, please visit www.orasure.com

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Frequently asked

Who acquired Sherlock Biosciences?

Sherlock Biosciences was acquired by OraSure Technologies, based in Bethlehem. The deal was reported on December 19, 2024. OraSure Technologies (the “Company”) transforms health through actionable insight and powers the shift that connects people to healthcare wherever they are. OraSure Technologies is publicly traded (OSUR) and operates in Biotechnology.

When did OraSure Technologies acquire Sherlock Biosciences?

OraSure Technologies's acquisition of Sherlock Biosciences was reported on December 19, 2024. OraSure Technologies, Inc. has announced the acquisition of Sherlock Biosciences, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sherlock Biosciences do?

Sherlock Biosciences is developing products that will empower people to access answers and have more control over their health decisions. It is privately held, operating in Biotechnology, and is based in Boston.

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