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Mergers & Acquisitions

Bio-Techne acquires Exosome Diagnostics for $250 million

by Ryan Cross
June 30, 2018 | A version of this story appeared in Volume 96, Issue 27
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Bio-Techne will acquire Exosome Diagnostics for $250 million, plus up to $325 million in potential milestone payments. Waltham, Mass.-based Exosome currently offers a urine test to detect RNA contained in vesicles called exosomes released by prostate cancer cells. The company is also developing several tests to diagnose other cancers from exosomes released by other cells into the blood. Bio-Techne says this is its 14th acquisition in five years and its “most promising to date.”

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