Add-on Acquisition • Life Science

Castle Biosciences Acquires Previse

On May 5, 2025, Castle Biosciences acquired life science company Previse

Acquisition Context
  • This is Castle Biosciences’ 4th transaction in the Life Science sector.
  • This is Castle Biosciences’ 5th transaction in the United States.
  • This is Castle Biosciences’ 1st transaction in Maryland.

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M&A Deal Summary

Date May 5, 2025
Target Previse
Sector Life Science
Buyer(s) Castle Biosciences
Deal Type Add-on Acquisition

Target Company

Previse

Halethorpe, Maryland, United States
Previse is a gastrointestinal health company with a primary focus on chronic acid reflux-related diseases, including esophageal cancer. Previse is based in Halethorpe, Maryland.
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Buyer Overview 1

Buyer

Castle Biosciences

Friendswood, Texas, United States

Category Company
Founded 2007
Sector Healthcare Services
Employees784
Revenue 332M USD (2024)
DESCRIPTION

Castle Biosciences is a developer and commercializes diagnostic and prognostic tests for dermatologic cancers. Castle Biosciences was founded in 2007 and is based in Friendswood, Texas.


Deal Context for Buyer #
Overall 5 of 5
Sector: Life Science 4 of 4
Type: Add-on Acquisition 3 of 3
State: Maryland 1 of 1
Country: United States 5 of 5
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 AltheaDx

San Diego, California, United States

AltheaDx is a commercial-stage molecular diagnostics company specializing in the field of pharmacogenetics, or PGx. AltheaDx's product testing portfolio enables personalized therapeutic decisions for patients suffering from some of the most prevalent clinical conditions in the United States, including cardiovascular disease, neuropsychiatric disorders, and pain. AltheaDx was founded in 1998 and is based in San Diego, California.

Buy $65M