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Quest Diagnostics Divests OralDNA Labs

NEW YORK (GenomeWeb News) – Quest Diagnostics today said that it has sold substantially all of the assets of its OralDNA Labs business to Access Genetics for an undisclosed sum.

The business, which currently provides saliva-based testing from a facility in Tennessee, will be consolidated with Access Genetics' CLIA- and CAP-certified lab in Eden Prairie, Minn. Quest noted that Access Genetics has provided support and expertise for OralDNA-based testing services for dental professionals since 2008.

The divestiture is part of Quest's ongoing efforts to refocus on its core diagnostic information services business for physicians and hospitals. The firm's management discussed those efforts in great detail during the firm's first-ever Investor Day last month.