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CareDx sells Lab Products unit for $170M to focus on core testing and digital solutions.

Company Fundamentals
16 Apr 2026
Vandana Singh
View Source
Bullish
pluang ai news

CareDx has agreed to sell its Lab Products business to EuroBio Scientific for $170 million in cash, shifting focus to its core Testing Services and Patient and Digital Solutions segments, which showed strong growth in Q1 2026. The deal includes transition services and exclusive rights for CareDx to distribute certain tests in North America. Proceeds will support growth initiatives and potential acquisitions. CareDx reported a 39% revenue increase in Q1 2026, with Testing Services and Digital Solutions driving gains, while Lab Products revenue declined slightly.

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