NEW YORK – Yourgene Health said on Tuesday that it is acquiring AGX-DPNI, its current distribution partner for its Iona noninvasive prenatal test in France, for €2.4 million ($2.7 million) in cash and up to €1.7 million in cash earn-out payments based on sales growth performance.
AGX-DPNI is a newly formed entity that consists of the NIPT distribution business of AdGeniX, a privately held company based near Versailles that sells cytogenetic and pharmaceutical laboratory products.