Sciety portfolio company Saga Diagnostics acquired by Foundation Medicine, a subsidiary of Roche
Sciety portfolio company Saga Diagnostics has entered into an agreement to be acquired by Foundation Medicine, Inc., a global precision medicine company and an independent subsidiary of Roche, for a deal value of up to USD 595 million, including commercial and regulatory milestone payments.
Saga Diagnostics is a biotechnology company developing advanced diagnostic methods to detect and monitor cancer after treatment. The company’s technology is based on the analysis of tumour-specific structural variations in DNA from blood samples, in contrast to more traditional methods that