Announced
Financials
Tags
Acquisition
Private
Pending
United Kingdom
Majority
biotechnology company
Single Bidder
Friendly
Private Equity
Biotechnology
Cross Border
Synopsis
NeoGenomics, a network of clinical laboratories, agreed to acquire Inivata, a biotechnology company, from Schroder, a closed-ended investment company, or $390m. "We are exercising our option to purchase Inivata eight months ahead of plan at what we believe is an attractive value in today's M&A marketplace for liquid biopsy companies. We are delighted to welcome Inivata's world class team of liquid biopsy experts and talented employees to NeoGenomics," Mark Mallon, NeoGenomics CEO.
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