Illumina Acquires Verinata Health for $350,000,000
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=85dcc405-70a4-4967-b826-3f2a2511cdae&Preview=1 -
Date
1/7/2013 -
Company Name
Verinata Health -
Mailing Address
800 Saginaw Drive Redwood City, CA 94063 -
Company Description
Verinata Health, Inc. is driven by a sole, extraordinary purpose – maternal and fetal health. Our initial focus is to develop and offer non-invasive tests for early identification of fetal chromosomal abnormalities through our proprietary technologies. -
Website
http://www.verinata.com -
Transaction Type
M&A -
Transaction Amount
$350,000,000 -
Transaction Round
-
Proceeds Purposes
-
M&A Terms
The consideration will be composed of $350 million plus up to $100 million in milestone payments through 2015.
