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Stock impact report

Quest Diagnostics (DGX) Inks Deal to Acquire PathAI Diagnostics [Yahoo! Finance]

Quest Diagnostics Incorporated (DGX) 
Last quest diagnostics incorporated earnings: 4/22 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.questdiagnostics.com
Company Research Source: Yahoo! Finance
to improve quality, speed and efficiency in diagnosing cancer and other diseases. Under a definitive agreement, the company will acquire select assets of PathAI Diagnostics, the business of PathAI that provides anatomic and digital pathology laboratory services. The latest development builds on Quest Diagnostics' leadership in oncology and subspecialized pathology services, enabling it to significantly ramp up its AI and digital pathology capabilities. The transaction is expected to be completed in the second quarter of 2024. More on the News Upon closing the deal, Quest will transform PathAI Diagnostics' digitized laboratory in Memphis, TN, into its AI and digital R&D and solutions center to support its specialty pathology businesses — AmeriPath and Dermpath Diagnostics. However, PathAI will continue to support its biopharmaceutical clients with end-to-end clinical trial services capabilities at its biopharma lab, which is separate and distinct from the diagnostic laboratory bu Show less Read more
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