Quest Diagnostics Acquires Haystack Oncology

April 27, 2023

Quest Diagnostics has agreed to acquire Haystack Oncology in an all-cash transaction valued at $300 million at closing plus up to $150 million in potential milestones. The acquisition adds Haystack's sensitive ctDNA-based minimal residual disease (MRD) liquid biopsy technology to Quest's oncology, genomics and pathology capabilities to expand clinical lab services for MRD testing beginning in 2024.

Buyers
Quest Diagnostics
Targets
Haystack Oncology
Location
Maryland, United States
Transaction Type
Buyout

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