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OPKO Health to Sell Select BioReference Assets to Labcorp for $722M

Source: zacks.com

M&A & RestructuringHealthcare & BiotechCompany Fundamentals
OPKO Health to Sell Select BioReference Assets to Labcorp for $722M

OPK agreed to sell BioReference assets to Labcorp for $722 million, with a potential $150 million earnout. OPK says the sale will sharpen its focus on biopharma and expand access to its 4Kscore Test.

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