Stockreport
Konica Minolta Announces the Closing of Ambry Genetics Acquisition
NASDAQ:AMEX Investor Relations: konicaminolta.com/about/investors/index.html
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Ramsey, NJ, Oct. 24, 2017 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leader in Technology and IT Services, today announced that its parent company Konica Minolta, Inc. and Innovation Network Corporation of Japan (INCJ) closed their joint acquisition of Ambry Genetics Corporation on October 19, 2017. Known as a pioneer and thought leader in genetic testing, Ambry is the first laboratory in the world to offer hereditary cancer panels and clinical exome sequencing. This strategic acquisition was announced on July 6, 2017. Through this acquisition, Konica Minolta, Inc. and INCJ will accelerate the precision medicine business by creating a new medical platform to improve patients’ quality of life while proving to be more cost effective for the healthcare system. Ambry chose to partner with Konica Minolta, Inc.
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