Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, and OPKO Health, Inc. (Nasdaq: OPK), a multinational biopharmaceutical and diagnostics company, announce the completion of Labcorp’s acquisition of select assets of BioReference Health, a wholly owned subsidiary of OPKO Health. The acquisition includes BioReference Health’s laboratory testing businesses focused on clinical diagnostics and reproductive and women’s health in the United States outside of New York and New Jersey, including certain patient service centers (PSCs), customer contracts and operating assets, which currently generate approximately $100 million in annual revenue. The purchase price for the transaction is $237.5 million.
Read the full article: Labcorp Completes Acquisition of Select Assets of BioReference Health’s Diagnostics Business from OPKO Health //
Source: https://www.prnewswire.com/news-releases/labcorp-completes-acquisition-of-select-assets-of-bioreference-healths-diagnostics-business-from-opko-health-302248924.html