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BioReference Labs buys genetic sequencing service Edge BioSystems

BioReference Laboratories (BRLI -0.4%) says its wholly-owned clinical diagnostic sequencing laboratory, GeneDx, is acquiring Edge BioSystems CLIA and its related assets, which are primarily a genetic sequencing service business in Gaithersburg, Maryland.

The acquisition will include sequencing equipment and capabilities that are expected to enhance the ability of GeneDx to maintain and improve its position as a premier provider of clinical genetic sequencing services.

Terms of the deal were not disclosed.

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