NeoGenomics Acquires Pathline

MT Newswires Live
10 Mar

NeoGenomics (NEO) said Friday that it has acquired Pathline, a New Jersey-based laboratory, to strengthen its commercial presence in the Northeast US, expand service capabilities, and accelerate growth in molecular and hematology-oncology testing.

The company said it expects the deal to be accretive to adjusted Ebitda starting next year.

Financial details of the deal were not disclosed.

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