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Mdxhealth Announces Closing of Exosome Diagnostics Acquisition from Bio-Techne
Globenewswire· 2025-09-15 21:29
Acquisition Announcement - MDxHealth has completed the acquisition of Exosome Diagnostics, including the ExoDx Prostate test, from Bio-Techne Corporation [1][2] - The total consideration for the acquisition is $15 million, with $5 million in stock paid at closing and $2.5 million to be paid annually over the next four years [2] Company Overview - MDxHealth is a leading precision diagnostics company that provides molecular information to personalize patient diagnosis and treatment [4] - The company's tests utilize proprietary genomic, epigenetic, exosomal, and other molecular technologies to assist in the diagnosis and prognosis of urologic cancers and diseases [4] - MDxHealth operates its U.S. headquarters and laboratory in Irvine, California, with additional facilities in Waltham, Massachusetts, and Plano, Texas, while its European headquarters is located in Herstal, Belgium [4]
Bio-Techne Announces Exosome Diagnostics Divestiture
Prnewswire· 2025-08-05 20:30
MINNEAPOLIS, Aug. 5, 2025 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced an agreement where Mdxhealth SA will acquire its Exosome Diagnostics Inc. business, including the ExoDx Prostate (EPI) test, CLIA-certified clinical laboratory and related assets. Bio-Techne will retain access to the proprietary exosome-based technology for ongoing kit development in its precision diagnostics growth pillar."Mdxhealth is the ideal acquirer of our ExoDx Prostate test and CLIA-certified laboratory," ...