BioReference Labs buys genetic sequencing service Edge BioSystems

Aug. 21, 2013 12:27 PM ETBio-Reference Laboratories (BRLI-OLD) StockBRLI-OLDBy: David Yelle, SA News Editor
  • 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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