10:09 AM EST, 11/25/2024 (MT Newswires) -- Agilent Technologies ( A ) said Monday it's launching a new organizational structure to organize its businesses according to its end markets and clients.

The structure will "enable closer collaboration among the business groups and better execution on cross-division, customer-first priorities," the company said.

The three new business groups include Life Sciences and Diagnostics Markets, which represents 38% of revenue and is mainly focused on the company's pharma, biopharma, clinical, and diagnostics end markets, Agilent ( A ) said.

The Applied Markets group, which represents 20% of revenue, is focused on the food, environmental, forensics, chemicals, and advanced materials markets.

The CrossLab Group, which represents 42% of revenue will focus on supporting clients in all of the company's end markets, Agilent ( A ) said.

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