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Roche Buys GenMark Diagnostics For $1.8Bn

 
• By Reed Miller

GenMark’s syndromic panel testing portfolio complements Roche’s molecular diagnostics business.

Test tube of bacteria; 3D low poly render
• Source: shutterstock.com

Roche is expanding its rapid infectious disease testing capabilities by acquiring GenMark Diagnostics for $1.8bn.

On 15 March, Roche announced a definitive agreement to fully acquire GenMark for $24.05 per share in cash for all of GenMark’s common stock. The deal price represents a 43%...

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