Quest Diagnostics Acquires Haystack Oncology
April 27, 2023
Quest Diagnostics has agreed to acquire Haystack Oncology in an all-cash transaction valued at $300 million at closing plus up to $150 million in potential milestones. The acquisition adds Haystack's sensitive ctDNA-based minimal residual disease (MRD) liquid biopsy technology to Quest's oncology, genomics and pathology capabilities to expand clinical lab services for MRD testing beginning in 2024.
- Buyers
- Quest Diagnostics
- Targets
- Haystack Oncology
- Industry
- Healthcare Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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