About This Deal

Agilent Technologies acquired Avida Biomed, a transaction completed in January 2023.

Avida Biomed operates in Diagnostics and Genomics, is based in Fremont, California, USA. Avida Biomed is an early-stage life-sciences company that develops high-performance NGS target-enrichment workflows enabling simultaneous genomic and epigenomic (DNA-methylation) profiling from a single sample, compatible with automation platforms such as Magnis and Bravo.

Avida Biomed complements Agilent's SureSelect target-enrichment portfolio and advances its push into high-growth clinical-research and diagnostics markets for precision oncology.

Deal Terms

Acquirer
Agilent Technologies
Target
Avida Biomed
Value
Not disclosed
Date
January 2023
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Fremont, California, USA
Segment
Diagnostics and Genomics
Announced
January 4, 2023
Closed
January 4, 2023

In Their Words

The team of talented scientists and genomics industry veterans at Avida Biomed have created a best-in-class toolset.Sam Raha, President, Agilent Diagnostics and Genomics Group

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗

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