Fulgent Genetics Acquires Fulgent Pharma

November 7, 2022

Fulgent Genetics completed the acquisition of Fulgent Pharma Holdings for approximately $100 million in a combination of cash and Fulgent common stock. The deal integrates Fulgent Pharma’s nanoencapsulation drug-delivery platform and clinical-stage oncology pipeline with Fulgent Genetics’ diagnostics capabilities to create a vertically integrated precision-medicine offering focused on cancer.

Buyers
Fulgent Genetics, Inc.
Targets
Fulgent Pharma Holdings, Inc.
Industry
Biotechnology
Location
California, United States
Transaction Type
Buyout

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