Eurofins Scientific, a provider of bio-analytical testing and genomic services, signed an agreement to acquire Diatherix Laboratories for approximately $50 million, plus an earn-out upon achievement of predefined revenue and profitability targets.
Diatherix employs around 100, serves close to 7,000 healthcare providers across the U.S., and expects to generate revenues of about $40 million in 2015. Eurofins said Diatherix strengthens its growing footprint in the specialty clinical diagnostics market.
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