M&A
confidence high
sentiment positive
materiality 0.85
CareDx closes $171M sale of Lab Products to Eurobio, acquires Naveris for $162M+
CareDx, Inc.
- Sale of Lab Products business to Eurobio closed June 30 for $171.2M cash, sharpening focus on U.S. testing services.
- Acquisition of Naveris closed July 1 for $161.8M cash plus up to $100M earnout based on 2026-2027 revenue milestones.
- Naveris' NavDx test is the only Medicare-covered MRD test for HPV+ head/neck and anal cancers; 130K+ tests reported.
- Naveris generated ~$35M revenue in 2025, more than doubling YoY; ADLT reimbursement rate of $1,800 per test.
- Combined estimated U.S. addressable market exceeds $12B across transplant, specialty oncology, and cell therapy.
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Selected #4 for 2026-07-07.
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