Labcorp, a NYSE-listed global provider of laboratory services, has acquired Germany-headquartered MLM Medical Labs (MLM), a global specialty laboratory provider, from Great Point Partners (GPP), a US-based private investment firm focused exclusively on the health care industry.
Financial terms of the transaction were not disclosed.
The acquisition enhances Labcorp's position as...
KKR is selling its 10% stake in Nordic Bioscience, a Denmark-based global leader in biomarker development, to the company’s founder and majority shareholder, Claus Christiansen.
KKR invested in Nordic Bioscience in 2021 through its Health Care Strategic Growth strategy,supporting the company as it continued to expand its biomarker capabilities and strengthenits position across R&D services, clinical diagnostics and drug development.
Over the past five years, the company has doubled revenue and strengthened its position in biomarker development, expanding its capabilities across R&D services, and clinical diagnostics, according to Kugan Sathiyanandarajah, partner...