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Hologic Increases Bets In Lab Space With $3.7 Bil. Gen-Probe Purchase

Lab diagnostic products will actually account for a larger portion of Hologic’s business post-acquisition than the firm’s core mammography, ultrasound and magnetic resonance imaging offerings.

With its $3.7 billion planned acquisition of molecular diagnostics firm Gen-Probe Inc., announced April 30, Hologic Inc. makes clear that its laboratory diagnostics business is as much a part of its growth plan as its entrenched breast imaging portfolio.

Once the deal closes, as expected in the second half of the year, lab diagnostic products will actually account for a larger portion of Hologic’s business than its core mammography,...

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