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Labcorp Completes Acquisition Of Personal Genome Diagnostics

PUBLIC · LHFeb 21, 2022

Acquiring Company

Labcorp

Acquired Company

Personal Genome Diagnostics Inc.

BurlingtonMarylandBiotechnologyHealth CareMedicalHealth DiagnosticsBiotechnology

Description

Labcorp (NYSE: LH), a leading global life sciences company, today announced that it has closed its acquisition of Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics with a portfolio of comprehensive liquid biopsy and tissue-based products. The addition of PGDx and its technology complements and accelerates Labcorp’s existing liquid biopsy capabilities and expands Labcorp’s leading oncology portfolio of next-generation sequencing (NGS)-based genomic profiling capabilities, positioning Labcorp at the forefront of driving better patient outcomes in oncology.

Quick answer

Labcorp is acquiring Personal Genome Diagnostics Inc., announced February 21, 2022. Labcorp is based in Burlington, North Carolina, United States.

Who acquired Personal Genome Diagnostics Inc?
Labcorp agreed to acquire Personal Genome Diagnostics Inc. on February 21, 2022.
How much did Labcorp pay for Personal Genome Diagnostics Inc?
The deal value was not disclosed.
What does Labcorp do?
Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions.
Where are Labcorp and Personal Genome Diagnostics Inc. based?
Labcorp is based in Burlington, North Carolina, United States. Personal Genome Diagnostics Inc. is based in Maryland, United States.
Who are the decision-makers at Labcorp?
Fundz holds 1 contact at Labcorp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Labcorp

Location

358 S Main St

Burlington, North Carolina, United States

About

Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 70,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14.0 billion in FY2020. Learn about Labcorp at Labcorp.com, or follow us on LinkedIn and Twitter @Labcorp.

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Frequently asked

Who acquired Personal Genome Diagnostics Inc.?

Personal Genome Diagnostics Inc. was acquired by Labcorp, based in Burlington. The deal was reported on February 21, 2022. Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Labcorp is publicly traded (LH) and operates in Biotechnology.

When did Labcorp acquire Personal Genome Diagnostics Inc.?

Labcorp's acquisition of Personal Genome Diagnostics Inc. was reported on February 21, 2022. Labcorp (NYSE: LH), a leading global life sciences company, today announced that it has closed its acquisition of Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics with a portfolio of comprehensive liquid biopsy and tissue-based products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Personal Genome Diagnostics Inc. do?

Personal Genome Diagnostics Inc. develops patient-specific analysis of the cancer genome by using advanced tools and technologies. It is privately held, operating in Biotechnology, and is based in Maryland.

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