Anabelle Colaco
11 Mar 2026, 01:12 GMT+10
SANTA CLARA, California: Agilent Technologies said it will acquire privately held clinical pathology company Biocare Medical in an all-cash deal valued at US$950 million.
The life sciences firm said it will purchase the California-based company from private equity owners Excellere Partners and GHO Capital Partners. The transaction is expected to close by the fourth fiscal quarter of 2026.
Following completion of the deal, Biocare Medical will be integrated into Agilent's Life Sciences and Diagnostics Markets unit.
Biocare Medical develops integrated tissue diagnostic products used in detecting cancer and infectious diseases. According to its website, its customers include government and military laboratories.
Agilent, which has a market capitalization of about $33.38 billion based on LSEG data, reported first-quarter results in February that were broadly in line with analysts' expectations, indicating steady demand for its medical tools and laboratory equipment.
Get a daily dose of Chicago Chronicle news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chicago Chronicle.
More InformationSANTA CLARA, California: Agilent Technologies said it will acquire privately held clinical pathology company Biocare Medical in an...
SINGAPORE: The U.S. dollar surged as oil prices climbed close to US$120 a barrel, prompting investors to seek safety in cash amid fears...
DHAKA, Bangladesh: Garment shipments bound for major global retailers, including Zara owner Inditex, are piling up at airports in Bangladesh...
NEW YORK, New York - Wall Street closed firmly in positive territory on Monday, led by a surge in technology shares, as investors shook...
SAN FRANCISCO, California: Nvidia has adopted a new variable compensation plan for fiscal 2027 that sets a target cash bonus of US$4...
KYIV, Ukraine: Ukrainian manufacturers of interceptor drones say they are ready to export large volumes of the systems as demand rises...
CLEVELAND, Ohio: The mother of two young girls who buried their bodies after stuffing them in suitcases in Cleveland was charged on...
WASHINGTON, D.C.: A Florida handyman, Andrew Paul Johnson, who U.S. President Donald Trump had pardoned for storming the Capitol on...
(Photo credit: Junfu Han / USA TODAY NETWORK via Imagn Images) The Chicago Bears are signing receiver/return specialist Kalif Raymond...
Jacob Kiplimo from Uganda has clocked a 57:20 in Lisbon, shaving ten seconds off the previous record Uganda's Jacob Kiplimo regained...
WASHINGTON -- US President Donald Trump has signaled the conflict with Iran could be nearing an end, offering an upbeat assessment...
(Photo credit: Nick Wosika-Imagn Images) Nick Foligno is ready to make his home-ice debut for the Minnesota Wild on Tuesday night...
