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GeneDx Acq...
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GeneDx Acquires Fabric Genomics for $33M, Expanding Access to AI-Powered Genomic Interpretation

  • GeneDx plans to acquire Fabric Genomics, an AI-powered genomic interpretation company, for $33M.
  • The acquisition aims to position GeneDx in the forefront of decentralized genomic medicine with centralized intelligence.
  • GeneDx and Fabric Genomics believe that this partnership will lead to faster diagnoses, improved patient outcomes, and reduced costs for healthcare systems.
  • The acquisition will enable GeneDx to expand its market reach in areas such as NICU genomic testing, genomic newborn screening, and global commercial expansion.

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