CareDx completed the sale of its lab products business to Eurobio Scientific on June 30, 2026, and received $171.2 million in cash at closing, subject to customary post-closing adjustments.
The divested unit included CareDx’s IVD PCR kits for rapid deceased donor HLA typing, IVD NGS-based kits for transplant recipient HLA typing globally, and IVD NGS-based monitoring assays for solid organ and stem cell transplant recipients outside North America.
The sale narrows CareDx’s business toward its U.S. precision medicine testing services and patient and digital solutions. Management said the transaction simplifies the operating model and supports capital allocation, including investments in specialty oncology.
CareDx said it expects to provide more detail on the financial impact of the deal, including pro forma results, when it reports second-quarter 2026 earnings. Today the company's shares have moved -1.94% to a price of $27.76. Check out the company's full 8-K submission here.
