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Invitae Corp. is a biotechnology company that was created as a subsidiary of Genomic Health in 2010 and then spun-off in 2012. [ 2 ] In 2017, Invitae acquired Good Start Genetics and CombiMatrix.
Labcorp will acquire all of the bankrupt firm's assets on a going concern basis for $239 million in cash consideration and other non-cash consideration, the companies said in separate statements.
Labcorp has been criticized over faulty paternity tests, many of which have resulted in lawsuits. The most notable case was the 2005 false accusation of Washington hairdresser Andre Chreky, who spent $200,000 and years in court proving, despite a false-positive test, that he was not the father.
An Invitae spokesperson told Reuters that the company did not comment on market rumors and speculation and said the Board of Directors had formed a special committee in November to improve its ...
Labcorp's Amyloid-Tau-Neurodegeneration (ATN) Profile is not precise enough to definitively diagnose Alzheimer's, but offers a convenient way for doctors to determine which patients need advanced ...
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