Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Labcorp to Acquire Certain Assets of OPKO Health's BioReference Health Subsidiary for $722 Million

Labcorp to Acquire Certain Assets of OPKO Health's BioReference Health Subsidiary for $722 Million

MT newswireMT newswire2026/10/15 12:16
08:16 AM EDT, 10/15/2026 (MT Newswires) -- Labcorp (LH) has agreed to acquire select assets of OPKO Health (OPK) subsidiary BioReference Health for $722 million, the companies said Thursday. The purchase price includes up to an additional $150 million in an earnout based on revenue from BioReference Health's 4Kscore prostate cancer detection test, the companies said. Under the deal, Labcorp will acquire BioReference Health's laboratory testing businesses, including over 80 patient service centers., they said. Labcorp expects the business revenue to be approximately $250 million in the first year after close, a statement said. The deal is subject to regulatory approvals.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers

In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

华尔街见闻•2026/11/08 12:41
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers