NeoGenomics to Acquire Genoptix for Cash, Stock

Oct 23, 2018

NEW YORK (GenomeWeb) – NeoGenomics today announced a definitive agreement to acquire clinical oncology laboratory Genoptix for $125 million in cash and 1 million shares of NeoGenomics' stock.

Based in Carlsbad, California, Genoptix specializes on hematology and solid tumor testing, and has well-established relationships with community oncology practices, a market that has not been served well with NeoGenomics' capabilities in next-generation sequencing and liquid biopsy, the company said.

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