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NEW YORK – OraSure Technologies announced this week it has sold its cryosurgical systems business to Lehigh Valley, Pennsylvania-based CryoConcepts for an aggregate purchase price of $12 million in cash. OraSure’s President and CEO Stephen Tang said in a statement that the sale represents a key part of the Bethlehem, Pennsylvania-based company’s growth strategy, as it prioritizes its product portfolio and focuses resources on growing its core molecular solutions and infectious disease businesses through both organic growth and acquisition.

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