Castle Biosciences Acquires AltheaDx

April 26, 2022

Castle Biosciences (Nasdaq: CSTL) completed its acquisition of AltheaDx, a commercial-stage pharmacogenomics (PGx) molecular diagnostics company focused on mental health. Under the definitive agreement, AltheaDx became a wholly owned subsidiary of Castle, and Castle paid $65.0 million at closing plus up to $75.0 million in potential milestone-based consideration tied to performance and expanded Medicare coverage for IDgenetix.

Buyers
Castle Biosciences, Inc.
Targets
AltheaDx, Inc.
Location
California, United States
Transaction Type
Buyout

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