Castle Biosciences completes Cernostics acquistion

2020 07 02 23 31 0378 Handshake Meeting 400

Castle Biosciences has completed its purchase of Cernostics for $30 million. The company will pay up to $50 million more if Cernostics fulfills particular milestones in 2022.

The acquisition expands Castle's offerings to include Cernostics' TissueCypher Barrett's Esophagus Assay, a test that predicts future development of high-grade dysplasia and/or esophageal cancer in patients with Barrett's esophagus, it said.

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