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OraSure Technologies Buys Sherlock Biosciences; Shares Rise After Hours
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OraSure Technologies Buys Sherlock Biosciences; Shares Rise After Hours
Dec 19, 2024 2:09 PM

04:45 PM EST, 12/19/2024 (MT Newswires) -- OraSure Technologies ( OSUR ) said late Thursday it acquired diagnostic health company Sherlock Biosciences.

Financial details weren't disclosed.

This acquisition enhances OraSure's ( OSUR ) innovation pipeline by adding Sherlock's molecular diagnostics platform, which delivers results with sensitivity and specificity in a disposable format ideal for over-the-counter use, the company said.

Shares of OraSure ( OSUR ) were up 4% in after-hours activity.

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