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.
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Buyout
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