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QIAGEN N.V. completed the acquisition of the remaining 80.1% stake in NeuMoDx Molecular, Inc. for $248 million in cash, gaining full ownership of the diagnostics instruments company.
Qiagen will commercialize NeuMoDx's PCR-based molecular diagnostic systems outside the U.S. and has an option to acquire all NeuMoDx shares not already owned for approximately $234 million, contingent on milestones.