OPK - Labcorp Expands Diagnostic Reach With Strategic Deal For Select Assets Of BioReference Health | Benzinga
Laboratory Corporation Of America Holdings (NYSE:LH) acquires certain operations of Opko Health, Inc‘s (NASDAQ:OPK) subsidiary BioReference Health.
The assets Labcorp is acquiring generate about $100 million in annual revenue, with the transaction valued at $237.5 million.
This strategic move is designed to expand Labcorp’s lab service network and enhance the availability of its high-quality clinical laboratory services. Under the agreement, LabCorp ...