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Novartis buys Genoptix for $440mm; Genoptix sold off

Executive Summary

Novartis AG has agreed to buy publicly traded Genoptix Inc. (laboratory testing) for $440mm in cash, or $25 for each share (a 25% premium).
Deal Industry
  • Biotechnology
    • Pharmacogenetics-Pharmacogenomics
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Laboratory Testing Services
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Contract
    • Payment Includes Cash
    • Full Acquisition

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