LabGenomics USA announces its acquisition of Edison, New Jersey-based QDx Pathology Services.
QDx Pathology Services is an independent, full-service molecular and anatomical pathology laboratory in Edison, New Jersey. The company was founded in 2006.
LabGenomics USA, a subsidiary of South Korea-based LabGenomics Co., Ltd., is a healthcare company specializing in molecular diagnostics. It is based in Fountain Valley, California.
The acquisition is expected to have significant implications for the future of both companies and the industry, according to the press release. The financial terms of the acquisition were not disclosed.
According to data captured in the LevinPro HC database, this transaction represents the 98th Laboratories, MRI and Dialysis acquisition of the year, and the 52nd in the diagnostic specialty.
