Quest Diagnostics Completes Acquisition of Haystack Oncology

Quest Diagnostics Acquires Haystack Oncology for $300M in Cash

What You Should Know: 

  • Quest Diagnostics announced that it has completed its $450M acquisition of Haystack Oncology.
  • Haystack Oncology has developed a highly sensitive minimal-residual disease (MRD) testing technology, based on circulating tumor DNA (ctDNA), to aid in the early detection of residual or recurring cancer and better inform therapy decisions.
  • Acquired back in April, the acquisition will leverage Quest’s expertise and scale in oncology, genomics and pathology.  Quest expects to incorporate this MRD technology into the development of new blood-based clinical lab services for solid tumor cancers available beginning in 2024.