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Labcorp to Buy Myriad Genetics Prenatal Testing Business for $210 Million

Myriad Genetics agreed to sell its prenatal health testing business to Labcorp for $210 million in cash plus the value of inventory. The business includes Prequel, Foresight, SneakPeek and FirstGene.

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Myriad Genetics has agreed to sell its prenatal health testing business to Labcorp for $210 million in cash, plus the value of inventory. The companies said Tuesday they signed a definitive agreement covering the business, which includes Prequel, Foresight, SneakPeek and FirstGene.