M&A Deal Summary

LabCorp Acquires ChromaDex - Analytical Testing Services

On August 23, 2017, LabCorp acquired test/measurement equipment company ChromaDex - Analytical Testing Services from Niagen Bioscience

Acquisition Highlights
  • This is LabCorp’s 3rd transaction in the Test/Measurement Equipment sector.
  • This is LabCorp’s 32nd transaction in the United States.
  • This is LabCorp’s 7th transaction in California.

M&A Deal Summary

Date 2017-08-23
Target ChromaDex - Analytical Testing Services
Sector Test/Measurement Equipment
Buyer(s) LabCorp
Sellers(s) Niagen Bioscience
Deal Type Divestiture

Target

ChromaDex - Analytical Testing Services

Irvine, California, United States
ChromaDex Corp. - Analytical Testing Services is a provider of analytical testing services.

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Buyer(S) 1

Buyer

LabCorp

Burlington, North Carolina, United States

Category Company
Founded 1995
Sector Test/Measurement Equipment
Employees67,000
Revenue 13.0B USD (2024)
DESCRIPTION
LabCorp's corporate headquarters in downtown Burlington, North Carolina.
LabCorp's corporate headquarters in downtown Burlington, North Carolina.

LabCorp of America Holdings is a provider of medical laboratory tests and services through a national network of primary clinical laboratories and specialty testing laboratories. LabCorp was founded in 1995 and is based in Burlington, North Carolina.


DEAL STATS #
Overall 34 of 46
Sector: Test/Measurement Equipment M&A 3 of 5
Type: Divestiture M&A Deals 10 of 16
State: California M&A 7 of 9
Country: United States M&A 32 of 44
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-31 Chiltern International

Bristol, Tennessee, United States

Chiltern International, Inc. is a global contract research organization, and a provider of clinical services and solutions in a variety of therapeutic areas with engagement models for biopharmaceutical and medical device industries. Chiltern’s team of more than 4,500, located across 47 countries, provides comprehensive Clinical Development, Medical & Scientific Affairs, Data & Analysis, Pharmacovigilance and Strategic Regulatory services using a collaborative approach for more efficient clinical trials. Visit Chiltern.com to learn more about how Chiltern is Designed Around You®.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-11 Sciformix

Westborough, Massachusetts, United States

Sciformix Corp. is a scientific process outsourcing company focused on pharmacovigilance and regulatory solutions for biopharmaceutical and medical devices clients. Sciformix is based in Westborough, Massachusetts.

Buy -

Seller(S) 1

SELLER

Niagen Bioscience

Los Angeles, California, United States

Category Company
Founded 1999
Sector Life Science
Employees104
Revenue 100M USD (2024)
DESCRIPTION

Niagen Bioscience is a provider in NAD+ (nicotinamide adenine dinucleotide) science and healthy-aging research. The company works with independent investigators from esteemed universities and research institutions around the globe to uncover the full potential of NAD+. A vital coenzyme found in every cell of the human body, NAD+ declines with age and exposure to everyday lifestyle stressors. NAD+ depletion is a key contributor to age-related changes in health and vitality. Niagen Bioscience was founded in 1999 and is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Test/Measurement Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-29 NeutriSci International - BluScience

Calgary, Alberta, Canada

NeutriSci International, Inc.'s BluScience is a provider of consumer product line of dietary supplements.

Buy $6M