Exact closes its $2.8B acquisition & more: 7 GI industry key notes

Here are seven updates from gastroenterology companies and practices from the past week:

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RDD Pharma entered into a letter of intent to acquire Naia Rare Diseases in a move to boost its gastrointestinal drug pipeline.

Abbvie committed the fourth largest corporate bond sale of all time when it sold $30 billion worth of bonds to partially finance its $83 billion takeover of Allergan.

Becker’s ASC Review revisited the Atlanta Gastroenterology Associates and Frazier Healthcare Partners deal (almost) a year later to present insights into what’s happened since. Read more.

CRH Medical continues to bring in the revenue in 2019, posting $30.4 million in third-quarter revenues, up from $28.7 million in the same period last year. Read more.

Exact Sciences closed its $2.8 billion acquisition of Genomic Health Nov. 8, securing rights to Genomic’s diagnostic oncology test, Oncotype DX.

Boston Medical Center is studying how Motus GI’s Pure-Vu System affects bowel preparation in a clinical setting.

Danville, Pa.-based Geisinger Health and Pittsburgh-based Highmark Health broke ground on a medical clinic in Lock Haven, Pa.

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