Health
Labcorp Will Pay $722 Million in Cash for the Core of BioReference Health, About 2.9 Times the Revenue It Expects. OPKO Gets Up to $150 Million More if One Prostate Test Sells.
Labcorp said on Thursday 15 October that it will buy select assets of BioReference Health from OPKO Health for $722 million in cash at closing, plus up to $150 million tied to revenue from the 4Kscore prostate test. Labcorp expects the businesses to bring in about $250 million in revenue in the first year after closing. The deal needs regulatory approval and has no stated closing date.





















