Announced
Financials
Tags
Private
Software
Acquisition
Friendly
Majority
Pending
genomics data
Single Bidder
Medical Services
United States
Domestic
Synopsis
Bionano Genomics agreed to acquire BioDiscovery, a software company specializing in genomics data, for $100m. This grants them access to BioDiscovery’s Nx Clinical software, which the company plans to integrate into their optical genome mapping software. The NX uses next-generation sequencing and microarray data to provide data analysis and visualization of copy number variants and single-nucleotide variants, providing a consolidated view of the genome. "This acquisition accelerates our efforts to make OGM ubiquitous by enabling us to simplify the assessment of clinically-relevant variants in cytogenomics applications, potentially reducing interpretation time per sample and expanding our reach into the discovery and translational research markets where the combination of NGS and OGM can reveal more answers in genetic disease and cancer research," Erik Holmlin, Bionano Genomics CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.