Agilent to Acquire Resolution Bioscience for $695M
Shots:
- Resolution to receive $550M in cash at closing and ~$145M following the achievement of certain milestones. The transaction is expected to close in Apr’2021
- The acquisition will expand Agilent’s capabilities in NGS-based cancer diagnostics and strengthen its position in precision oncology testing globally
- The acquisition will bring together Resolution’s noninvasive liquid biopsy platform that improves cancer diagnostics with Agilent’s leadership in tissue-based CDx and global commercial and regulatory scale
Ref: Agilent | Image: Resolution Bio
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