Hologic to Acquire Biotheranostics for ~$230M

Shots:

  • Hologic acquires Biotheranostics to speed up its entry in the oncology market. The transaction is expected to be completed in Feb’2021
  • The acquisition will provide Hologic access to Biotheranostics’ CLIA lab and will aid in accelerating market development for novel tests
  • The acquisition allows Hologic to leverage commercial capabilities and expertise in molecular diagnostics automation to accelerate growth and deliver more personalized treatment for women

Click here ­to­ read full press release/ article | Ref: Business Wire | Image: Business Wire

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