Source: Reuters

Invitae: Clinical lab operator Labcorp to buy bankrupt genetic test maker Invitae for $239 mln

Laboratory service provider Labcorp (LH.N), said on Wednesday it will acquire Softbank-backed (9434.T), Invitae Corp's (NVTAQ.PK), opens new tab assets auctioned through a voluntary bankruptcy protection process, a few months after the genetic test maker filed for bankruptcy.

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Est. Annual Revenue
$100-500M
Est. Employees
1.0-5.0K
Kenneth D. Knight's photo - CEO of Invitae

CEO

Kenneth D. Knight

CEO Approval Rating

58/100

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