Agilent snaps up pathology firm Biocare Medical for $950 million

Anabelle Colaco
11 Mar 2026, 01:12 GMT+10

Agilent Technologies said it will acquire privately held clinical pathology company Biocare Medical in an all-cash deal valued at US$950 million
The life sciences firm said it will purchase the California-based company from private equity owners Excellere Partners and GHO Capital Partners
Following completion of the deal, Biocare Medical will be integrated into Agilent’s Life Sciences and Diagnostics Markets unit

SANTA CLARA, California: Agilent Technologies said it will acquire privately held clinical pathology company Biocare Medical in an all-cash deal valued at US$950 million.

The life sciences firm said it will purchase the California-based company from private equity owners Excellere Partners and GHO Capital Partners. The transaction is expected to close by the fourth fiscal quarter of 2026.

Following completion of the deal, Biocare Medical will be integrated into Agilent's Life Sciences and Diagnostics Markets unit.

Biocare Medical develops integrated tissue diagnostic products used in detecting cancer and infectious diseases. According to its website, its customers include government and military laboratories.

Agilent, which has a market capitalization of about $33.38 billion based on LSEG data, reported first-quarter results in February that were broadly in line with analysts' expectations, indicating steady demand for its medical tools and laboratory equipment.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Broadcast Communications.

More Information

Business

Section

Agilent snaps up pathology firm Biocare Medical for $950 million

SANTA CLARA, California: Agilent Technologies said it will acquire privately held clinical pathology company Biocare Medical in an...

US dollar surges as oil rally fuels global market fears

SINGAPORE: The U.S. dollar surged as oil prices climbed close to US$120 a barrel, prompting investors to seek safety in cash amid fears...

Middle East conflict strands fashion cargo in South Asia

DHAKA, Bangladesh: Garment shipments bound for major global retailers, including Zara owner Inditex, are piling up at airports in Bangladesh...

Nasdaq Composite climbs 308 points in tech rebound

NEW YORK, New York - Wall Street closed firmly in positive territory on Monday, led by a surge in technology shares, as investors shook...

Nvidia ties CEO Jensen Huang’s $4 million bonus to revenue goals

SAN FRANCISCO, California: Nvidia has adopted a new variable compensation plan for fiscal 2027 that sets a target cash bonus of US$4...

Ukraine interceptor drone firms see export demand from Gulf

KYIV, Ukraine: Ukrainian manufacturers of interceptor drones say they are ready to export large volumes of the systems as demand rises...

Sectors - Broadcasting

Section