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Siemens Makes First Molecular Dx Buy In Nine Years

The firm's health-care division bought private next-generation sequencing firm NEO New Oncology for an undisclosed amount.

Siemens Healthineers, the new brand name for Siemens Healthcare, has acquired NEO New Oncology, a privately held German company developing molecular profiling assays based on next-generation sequencing of circulating tumor DNA.

The deal marks Siemens’ first molecular diagnostic acquisition since it bought US firm Dade Behring Inc. for $7bn in 2007. (See Also see "Siemens Claims Top IVD Slot...

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