Xconomy Boston

Predictive Buys OncoDiagnostic Lab

Luke Timmerman1/7/10

Predictive Biosciences, a Lexington, MA-based developer of diagnostics, said today it has acquired Cleveland, OH-based OncoDiagnostic Laboratory. By acquiring the company, founded in 1985, Predictive has obtained a certified pathology lab that serves urologists, gastroenterologists, dermatologists and other specialty physicians around the country. The facility will provide a commercial base of operation for Predictive, which is seeking to commercialize a non-invasive, urine-based diagnostic test for bladder cancer during 2010.

Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.

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