Originally published Sept. 21.

By Turna Ray

In its second acquisition of a diagnostics developer in just over a year, Laboratory Corporation of America said last week that it would purchase Genzyme's genetic division for $925 million in cash. This latest deal, when combined with the Monogram Biosciences assets that it acquired last year, should help bolster LabCorp's position as a provider of personalized medicine products for cancer.

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