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Myriad Genetics Surge On $210 Mln Prenatal Testing Business Sale To Labcorp

Source: Nasdaq

M&A & RestructuringHealthcare & BiotechCompany Fundamentals

Myriad Genetics agreed to sell its Prenatal Health testing business to Labcorp for $210 million in cash, plus the value of inventory at closing. The available report provides no further terms or information about the transaction’s expected financial impact.

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