Veracyte Buys Convergent Genomics
MT newswire2026/09/14 20:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:22 PM EDT, 09/14/2026 (MT Newswires) -- Veracyte (VCYT) said late Monday it has acquired Convergent Genomics for $150 million in upfront cash and up to additional $30 million tied to milestones over UroAmp reimbursement efforts. The company said the acquisition expands its urology diagnostics portfolio with a urinary tumor DNA testing platform. Veracyte said it contemplated Convergent's operating expenses in 2026 adjusted EBITDA outlook and is not updating its guidance.
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