McKesson to Acquire Precision Medicine Group, LLC for Approximately $2.25 Billion

August 25, 2026

McKesson Corporation signed a definitive agreement to acquire Precision Medicine Group, LLC, a global provider of clinical research and biopharma commercialization services, for approximately $2.25 billion. After completion, Precision Medicine Group will report within McKesson’s Oncology & Multispecialty segment, subject to customary regulatory closing conditions.

Buyers
McKesson Corporation
Targets
Precision Medicine Group, LLC
Location
Maryland, United States
Transaction Type
Buyout

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