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CareDx to acquire Naveris for $160M up-front, $100M in revenue milestones

The Transplant Company announced it has entered into a definitive agreement to acquire Naveris. The transaction is an extension of CareDx’s (CDNA) strategy to focus on its U.S. Precision Medicine Testing Services and Patient and Digital Solutions. The definitive agreement provides for an up-front cash consideration of $160 million with up to an additional $100 million based on the achievement of revenue milestones.

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