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McKesson to buy Precision Medicine Group in about $2.25 billion deal

Source: reuters.com

M&A & RestructuringHealthcare & BiotechCompany FundamentalsCorporate Guidance & Outlook
McKesson to buy Precision Medicine Group in about $2.25 billion deal

McKesson will acquire Precision Medicine Group for about $2.25B, expanding its clinical research and biopharma commercialization services. The all-cash/valuation headline suggests a modestly positive growth investment for McKesson, likely supportive for sentiment around its healthcare services push.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

MCK0.55

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