Iris International to Buy AlliedPath for Up to $6M | GenomeWeb

By a GenomeWeb staff reporter

NEW YORK (GenomeWeb News) – Diagnostics firm Iris International announced after the close of the market Tuesday that it has agreed to buy AlliedPath, an early-stage, high-complexity CLIA-certified laboratory, for up to $6 million.

Iris will pay $4.7 million in cash and an earn-out of up to $1.3 million subject to certain sales and earnings targets being reached during the next three years. The deal is expected to close by July 30.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.

Being born premature shouldn't mean infants with high blood sugar levels don't undergo genetic testing for neonatal diabetes, a study in Pediatrics says.

In Cell this week: phosphoproteomic patterns in prostate cancer, effect of gene expression on fitness in yeast, and more.

Scripps Research Institute investigators peer back at the RNA world.

In PNAS this week: chromosome instability in S. cerevisiae, structural differences and sequence divergence in rice, and more.