Acquisitions · Drug development services (imaging)
Konica Minolta buys 95% of Boston imaging services firm Invicro
- Buyer
- Konica Minolta (Tokyo)
- Target
- Invicro LLC, Boston, Massachusetts
- Value
- About $290M (media and database reports)
- Status
- Completed on November 10, 2017.
- Date
- 2017-09-25
Konica Minolta bought a 95% stake in Invicro, a Boston company that provides medical imaging and analysis services for drug development. Invicro's adviser said terms were not disclosed; media and database reports put the value at about $290 million.
Why it matters
Coming months after Ambry Genetics, the deal adds imaging services for drug makers to Konica Minolta's precision medicine plans.
Sources
Kakehashi M&A News home
