CDNA CareDx, Inc.
Price Chart
Executive Summary
CareDx is divesting its lab products business to Eurobio Scientific for $170 million in cash to focus on core testing services, while reporting preliminary Q1 2026 revenue of $118 million with 48% year-over-year growth in testing services revenue. The transaction includes a 6-month transition services agreement and a distribution agreement for North America.
Key Financial Metrics
Actionable Insight
The divestiture allows CareDx to focus on its core testing services business while receiving $170 million in cash. The strong 48% year-over-year growth in testing services revenue suggests the core business is performing well. The distribution agreement with Eurobio provides ongoing revenue from the divested products.
Key Facts
- Divesting lab products business to Eurobio Scientific for $170 million in cash
- Preliminary Q1 2026 revenue of $118 million, up 39% year-over-year
- Testing services revenue of $91 million, up 48% year-over-year
- Testing volume of 54,900, up 17% year-over-year
- Transition services agreement for at least 6 months at Eurobio's expense
- Eurobio grants CareDx exclusive distribution rights for post-transplant monitoring tests in North America
Financial Impact
$170 million cash proceeds from divestiture, $118 million in Q1 revenue
Risk Factors
- Execution risk in transitioning the divested business
- Potential disruption to operations during the 6-month transition period
- Dependence on Eurobio for future supply of divested products
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-043970 |
| Document: tm2611749d1_8k.htm | 0001104659-26-043970 |
| Document: tm2611749d1_ex99-1.htm | 0001104659-26-043970 |
| Document: 0001104659-26-043970-index-headers.html | 0001104659-26-043970 |
| Document: 0001104659-26-043970-index.html | 0001104659-26-043970 |
| Document: 0001104659-26-043970.txt | 0001104659-26-043970 |
| 8-K Data (Synthetic) | 0001104659-26-043970 |
Track record builds as more directional reports settle.
Filters
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Jun 5, 2026
7d ago
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DEFA14A
| $23.16 awaiting T+20 | awaiting T+20 | — | $22.97 (−0.82%) |
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Apr 28, 2026
6w ago
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S-3ASR
| $20.80 $22.16 | ▲ +6.54% | ▲ +1.08% | $22.97 (+10.43%) |
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Apr 16, 2026
8w ago
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8-K
| $22.42 $20.61 | ▼ −8.07% | ▼ −13.89% | $22.97 (+2.45%) |
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Feb 25, 2026
15w ago
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8-K/A
| $18.46 $18.08 | ▼ −2.06% | ▲ +3.18% | $22.97 (+24.43%) |
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Feb 24, 2026
15w ago
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8-K
| $18.46 $18.08 | ▼ −2.06% | ▲ +3.18% | $22.97 (+24.43%) |
US Market Status
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