Quest Buying Haystack Oncology for $450M

A New Jersey public company has agreed to acquire Johns Hopkins spinout Haystack Oncology in a deal that could be worth up to $450 million, The Bsuiness Journals reports.

Quest Diagnostics will pay $300 million in cash at the closing of the acquisition and up to an additional $150 million if future performance milestones are met. The deal will close in the second quarter of this year. Read more.

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