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New Deal


Announced

Prenetics and Dennis Lo to form Insighta in a $200m deal.

Financials

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Transaction Value£157m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Services

Single Bidder

Private

Hong Kong

Domestic

Joint Venture

Majority

Friendly

cancer detection solutions

cancer treatment

Pending

Synopsis

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Prenetics, a genomics-driven health sciences company, and Dennis Lo, a renowned scientist, agreed to form Insighta, a joint venture which aims to revolutionize multi-cancer early detection, in a $200m deal. "I am genuinely exhilarated to be at the forefront of such a ground-breaking new technology. Joining forces with Danny Yeung and Prenetics is particularly inspiring - a joint venture that not only ensures robust capital resources, strong management but also a mutual vision of global health transformation. We are driven by the profound potential to save countless lives, and together, we will make a significant stride towards a healthier future for all," Dennis Lo.

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