HIT Consultant January 18, 2022
Fred Pennic

What You Should Know:

– Today, Sema4 (Nasdaq: SMFR), a health intelligence company, announced it has signed a definitive agreement to acquire GeneDx, a leader in genomic testing and analysis, at a purchase price representing approximately $623 million, strengthening its market-leading health intelligence and genomic screening offerings.

– The combined company is projected to deliver $350 million in pro forma 2022 revenue. In connection with the acquisition, Sema4 also completed a $200 million private placement from top-tier investors, including Pfizer.

Advanced Genomic Testing to Patients and Their Families

Founded in 2000, GeneDx’s premier rare disease diagnostic and exome sequencing services, and market-leading exome database, strengthen Traversa™, Sema4’s comprehensive genomic analysis platform for optimizing health screenings, as well as...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: AI (Artificial Intelligence), Biotechnology, Mergers & Acquisitions / JV, Pharma / Biotech, Technology, Trends
Will Synthetic, AI-Based Digital Humans Change Pharma and Life Sciences? Q&A with Abid Rahman, SVP Innovation, EVERSANA
Cerevel Parkinson’s data adds lustre to AbbVie acquisition
Roche Drug Scores Label Expansion for Earlier Use in Lung Cancer
Pharma Pulse 4/19/24: The Health and Healthcare of Gen-Z, Long-Acting Drugs May Revolutionize HIV Prevention/Treatment & more
Recursion, Canaan, Metsera and more—Chutes & Ladders

Share This Article