M&A Deal Summary

Transgenomic Acquires Precipio Diagnostics

On October 12, 2016, Transgenomic acquired life science company Precipio Diagnostics

Acquisition Highlights
  • This is Transgenomic’s 1st transaction in the Life Science sector.
  • This is Transgenomic’s 1st transaction in the United States.
  • This is Transgenomic’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2016-10-12
Target Precipio Diagnostics
Sector Life Science
Buyer(s) Transgenomic
Deal Type Merger

Target

Precipio Diagnostics

New Haven, Connecticut, United States
Precipio Diagnostics has built a platform to harness the intellect, expertise and technology developed within academia, delivering quality diagnostic information to physicians and patients worldwide. Through its collaborations with world-class academic institutions specializing in cancer research, diagnostics and treatment, and its experience delivering quality service, Precipio Diagnostics offers a new standard of diagnostic accuracy enabling the highest level of patient care.

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Buyer(S) 1

Buyer

Transgenomic

Omaha, Nebraska, United States

Category Company
Founded 1997
Sector Life Science
Employees150
Revenue 27M USD (2014)
DESCRIPTION

Transgenomic, Inc. is a global biotechnology company advancing personalized medicine in oncology, cardiology, neurology, and inherited diseases through advanced diagnostic technologies, products and services. Transgenomic also provides specialized clinical and research services to biopharmaceutical companies developing targeted therapies.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-10 Concise Separations

San Jose, California, United States

Concise Separations is a chemical analysis technique that separates and analyzes different substances according to their affinities for chemically stable, highly reactive, synthetic ion exchangers.

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