McKesson Buys Precision Medicine to Expand Clinical Research and Commercialization
McKesson will acquire Precision Medicine Group for $2.25 billion, expanding its clinical research and drug commercialization services.
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McKesson (NYSE:MCK) reported quarterly earnings of $9.93 per share which beat the analyst consensus estimate of $9.54 by 4.09 percent. This is a 20.22 percent increase over earnings of $8.26 per share from the same
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McKesson will acquire Precision Medicine Group for $2.25 billion, expanding its clinical research and drug commercialization services.
Read original at benzingaBarclays analyst Glen Santangelo maintains McKesson (NYSE:MCK) with a Overweight and raises the price target from $925 to $1000.
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