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CareDx Announces Agreement to Acquire Naveris, A Leader in Viral-Mediated Cancer MRD Surveillance Testing

$CDNAPress releaseApr 28, 2026, 4:05 PM ETRead the release

CareDx announced a definitive agreement to acquire Naveris for $160 million in upfront cash, plus up to $100 million in revenue milestones. Naveris is a commercial-stage precision oncology diagnostics company with $34 million in 2025 revenue and a proprietary blood-based test for viral-mediated cancers.

Key figures

Revenue
$34 million
Tam
$4.5 billion
Q1 2026 revenue
$12 million
Q1 2026 gross margin
65%
Revenue growth forecast
30-40% annually for next three years
Upfront cash consideration
$160 million
Potential milestone payments
$100 million

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.