✉news HealthHealth first seen 4 d ago, last 4 d ago, peak #12
Labcorp to buy select Opko Health unit assets for up to $872 million
Original: Labcorp to buy select assets from Opko Health unit for up to $872 million
Diagnostics company Labcorp has agreed to acquire select assets from a unit of Opko Health in a deal worth up to $872 million. The announcement, reported by Reuters, signals continued consolidation in the laboratory diagnostics sector. Details on which specific assets are changing hands and expected regulatory review timelines have not been fully disclosed.
Why now: The size of the deal and its implications for consolidation in the diagnostics industry are drawing investor and industry attention.
Evidence
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